Progress Software (PRGS) announced the acquisition of Nuclia. Nuclia provides an agentic RAG-as-a-service product enabling organizations to automatically leverage their own proprietary business information to retrieve answers using GenAI. The acquisition was signed and closed and is immaterial to Progress’ financials.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PRGS:
- Options Volatility and Implied Earnings Moves Today, June 30, 2025
- Options Volatility and Implied Earnings Moves This Week, June 30 – July 02, 2025
- PRGS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Progress Software announces latest release of Progress Semaphore
- Progress Software announces enhancements to Progress ShareFile