Progress Software (NASDAQ:PRGS) is acquiring Cloud Software Group's unit ShareFile in a deal worth about $875M. Progress said the acquisition will help it add a SaaS-native, AI-powered, ...

BURLINGTON, Mass., June 05, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced significant ...

RALEIGH, N.C.--(BUSINESS WIRE)--ShareFile, a business unit of Cloud Software Group, today released its Automation: Putting Accounting on the Right Path report, revealing insights into accountants’ ...

Progress Software (PRGS -2%) is heading lower after announcing a big acquisition. This supplier of enterprise software for creating and deploying business applications said it will acquire ShareFile, ...

Progress Software Corporation (NASDAQ:PRGS) shares are trading lower on Monday. The company entered a definitive deal to acquire ShareFile for $875 million, in a combination of cash and an existing ...

Burlington-based Progress Software is acquiring yet another company for big bucks. This time, it’s paying $875 million to buy ShareFile, a business unit of Fort Lauderdale-based Cloud Storage Group.

The Bloc 83 building in downtown Raleigh is home to the Raleigh cloud software provider ShareFile. JLL Nearly 200 workers in downtown Raleigh will lose their jobs in the coming months as the new owner ...

RALEIGH, N.C.--(BUSINESS WIRE)--ShareFile, a business unit of Cloud Software Group, today announced the release of ShareFile® for Legal, a secure, collaborative client experience solution that allows ...

(Reuters) - Progress Software said on Monday it would buy Cloud Software Group's unit ShareFile for about $875 million, as the AI-powered software firm looks to boost its enterprise product portfolio.

The disinvestment of ShareFile is seen as a strategic move by Cloud Software Group to refocus on its core competencies. Cloud Software Group, the parent company of Citrix Systems, is considering ...

“ShareFile is helping accounting professionals spend less time on administrative work and more time delivering value to their clients,” said Loren Jarrett, EVP & GM, Digital Experience, Progress ...