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Wire · operational-macro

Progress Software acquires Domo's AI and data platform for $400 million

8 August 2026 · By · Wire by Fusion42

Published

8 August 2026

Topic

operational-macro

◆ Sectors

AI & ML

◆ Geography

United States

◆ Source

Read at marketscale.com →

◆ Verified

Fusion42 · 8 August 2026 · Fusion42 review

Progress Software acquired Domo's AI and data platform for $400 million, gaining over 2,400 enterprise customers and enhancing its AI infrastructure with Domo's agentic AI, data integration, and analytics capabilities, positioned to reduce AI operational complexity and cost for enterprises.

This Wire brief sits within Fusion42's coverage of AI & ML.

◆ ◆ The Wire takeaway

Progress buying Domo opens a clear path for AI platform founders to push unified, governed data solutions to enterprise buyers aiming to reduce vendor complexity and comply with governance demands.

◆ Coverage

1 source · 8 Aug 2026

◆ Related on Wire

◆ Topics

AI & MLm&aai-infrastructureenterprise-softwaredata-platformcloud-integration