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Progress acquires file management platform ShareFile for $875M

Automation and IT monitoring company Progress on Monday announced that it intends to acquire file management platform ShareFile for $875 million in cash and credit. Progress CEO Yogesh Gupta said that the deal, which is expected to close by November 30, will bolster Progress’ portfolio with tools to help businesses more efficiently share — and
© 2024 TechCrunch. All rights reserved. For personal use only.

Automation and IT monitoring company Progress on Monday announced that it intends to acquire file management platform ShareFile for $875 million in cash and credit. Progress CEO Yogesh Gupta said that the deal, which is expected to close by November 30, will bolster Progress’ portfolio with tools to help businesses more efficiently share — and […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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