Progress Software completes acquisition of Domo assets, company rebrands as Huckleberry.ai

Bitget2026/09/22 20:05

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Progress Software completed its purchase of substantially all Domo assets and employees, excluding net operating loss carryforwards.
Domo’s AI and data platform moved to Progress as part of the deal.
The remaining public company renamed to Huckleberry.ai, led by Josh James.
Huckleberry starts debt-free with about $221 million in cash, or about $4.46 per share.
It retained more than $900 million in net operating loss carryforwards.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Domo Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260922057952) on September 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Progress Software completes acquisition of Domo assets, company rebrands as Huckleberry.ai

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