• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Progress Software Acquires Nuclia, an Innovator in Agentic RAG AI Technology

    6/30/25 4:05:00 PM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology
    Get the next $PRGS alert in real time by email

    Company adds easy-to-use agentic RAG-as-a-service product for organizations to automate and retrieve verifiable, high-quality AI search and generative answers

    BURLINGTON, Mass., June 30, 2025 (GLOBE NEWSWIRE) -- Progress Software (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the acquisition of Nuclia, an innovator in agentic Retrieval-Augmented Generation (RAG) AI solutions. Nuclia provides a unique agentic RAG-as-a-service product enabling organizations to automatically leverage their own proprietary business information to retrieve verifiable, accurate answers using GenAI.

    "Nuclia's easy-to-use, self-service SaaS product democratizes the use of trustworthy and verifiable GenAI," said Yogesh Gupta, CEO of Progress Software. "Small to mid-sized businesses, as well as large global corporations, can quickly and easily reap the benefits of sophisticated agentic RAG capabilities using Nuclia SaaS without the need for significant upfront investment."

    "The rapid evolution of AI has transformed how organizations interact with information, creating new possibilities for more accurate, dynamic, and context-aware systems," said Eudald Camprubí, CEO and Co-founder at Nuclia. "Agentic RAG is a cutting-edge approach that combines the power of large language models (LLMs) with business' own proprietary data to provide accurate and trustworthy answers. Our team at Nuclia is proud of what we have built, and we are excited to join Progress to continue to advance this important technology."

    Nuclia will extend the end-to-end value of the Progress Data Platform while creating opportunities to reach a broader market of organizations looking to easily leverage the value of agentic RAG technology.

    The acquisition was signed and closed today and is immaterial to Progress' financials.

    To learn more about Nuclia, go to https://nuclia.com.

    About Progress Software

    Progress Software (NASDAQ:PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.

    About Nuclia

    Nuclia, the RAG-as-a-Service company, is revolutionizing data-driven systems and processes to deliver previously unimaginable business value. Organizations across all sectors grapple with a common challenge: how to extract answers and unlock value from their internal data, both tacit and explicit. Nuclia uniquely solves this problem by converting this extensive and valuable repository of data into actionable, accessible knowledge. Learn more at https://nuclia.com.

    Progress and Nuclia are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and other countries. Any other trademarks contained herein are the property of their respective owners. 

    Press Contact:

    Kim Baker

    Progress Software

    +1-800-477-6473

    [email protected]



    Primary Logo

    Get the next $PRGS alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $PRGS

    DatePrice TargetRatingAnalyst
    3/28/2024$65.00Buy
    DA Davidson
    1/24/2023$60.00Buy
    Guggenheim
    9/9/2022$52.00Hold
    Jefferies
    8/12/2022$60.00Buy
    Guggenheim
    10/22/2021$60.00Overweight
    JP Morgan
    8/6/2021$48.00Neutral
    Citigroup
    7/15/2021$54.00Outperform
    Oppenheimer
    More analyst ratings

    $PRGS
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Gawlick Rainer bought $74,351 worth of shares (1,710 units at $43.48), increasing direct ownership by 3% to 55,544 units (SEC Form 4)

    4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)

    8/13/25 7:00:25 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    Chief Executive Officer Gupta Yogesh K bought $103,194 worth of shares (2,100 units at $49.14), increasing direct ownership by 0.91% to 232,396 units (SEC Form 4)

    4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)

    7/24/25 7:00:24 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    Director Krall David bought $250,612 worth of shares (5,125 units at $48.90), increasing direct ownership by 5% to 100,090 units (SEC Form 4)

    4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)

    7/24/25 7:00:13 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    $PRGS
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    DA Davidson initiated coverage on Progress Software with a new price target

    DA Davidson initiated coverage of Progress Software with a rating of Buy and set a new price target of $65.00

    3/28/24 7:46:10 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    Guggenheim resumed coverage on Progress Software with a new price target

    Guggenheim resumed coverage of Progress Software with a rating of Buy and set a new price target of $60.00

    1/24/23 7:52:30 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    Jefferies initiated coverage on Progress Software with a new price target

    Jefferies initiated coverage of Progress Software with a rating of Hold and set a new price target of $52.00

    9/9/22 7:30:24 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    $PRGS
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Gawlick Rainer bought $74,351 worth of shares (1,710 units at $43.48), increasing direct ownership by 3% to 55,544 units (SEC Form 4)

    4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)

    8/13/25 7:00:25 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    EVP/GM App & Data Platform Ainsworth John exercised 19,231 shares at a strike of $34.73 and covered exercise/tax liability with 15,939 shares, increasing direct ownership by 7% to 47,976 units (SEC Form 4)

    4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)

    7/29/25 4:05:45 PM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    Chief Executive Officer Gupta Yogesh K bought $103,194 worth of shares (2,100 units at $49.14), increasing direct ownership by 0.91% to 232,396 units (SEC Form 4)

    4 - PROGRESS SOFTWARE CORP /MA (0000876167) (Issuer)

    7/24/25 7:00:24 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    $PRGS
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Progress Software Announces General Availability of MarkLogic Server 12 and Breakthrough Results with Semantic RAG

    Progress' semantic and graph RAG approach—featuring MarkLogic Server 12—delivers 33% higher LLM accuracy and faster discovery for customers LAS VEGAS, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Progress Software (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced at Ai4 2025 the general availability of Progress® MarkLogic® Server 12. This latest release introduces advanced semantic search and graph Retrieval-Augmented Generation (RAG) capabilities, empowering organizations to ground generative AI in their own trusted data—delivering more accurate, secure and context-aware results. Unlike other solutions, MarkLogic Server 12 enables sca

    8/12/25 9:00:00 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    Progress Software to Present at Ai4 2025 in Las Vegas

    Company to showcase real-world AI applications and data innovation at premier AI event BURLINGTON, Mass., Aug. 08, 2025 (GLOBE NEWSWIRE) -- Progress Software (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced its participation at Ai4 2025, North America's largest artificial intelligence industry conference, taking place August 11–13 at the MGM Grand in Las Vegas. Philip Miller, AI Strategist at Progress, will deliver a featured presentation titled: Trusted AI: Unlock Data Value Date: August 12, 2025Time: 2:35 – 2:55 p.m. PTLocation: MGM Grand, Las Vegas Miller will explore how enterprises can connect generative AI to propri

    8/8/25 9:00:00 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    Progress Software Announces Amended Credit Facility

    New $1.5B facility will support continued growth and provide greater scale and flexibility BURLINGTON, Mass., July 22, 2025 (GLOBE NEWSWIRE) --  Progress Software (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it has entered into a Fifth Amended and Restated Credit Agreement (the "Amended Credit Agreement"), which, among other things, increased the company's revolving credit facility from $900 million to $1.5 billion and extended the maturity date to July 31, 2030. The Amended Credit Agreement replaces the Company's existing secured credit facility and, as of the closing date, there remains $660 million in revolving c

    7/22/25 6:00:00 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    $PRGS
    SEC Filings

    View All

    Progress Software Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Creation of a Direct Financial Obligation, Regulation FD Disclosure, Financial Statements and Exhibits

    8-K - PROGRESS SOFTWARE CORP /MA (0000876167) (Filer)

    7/22/25 6:15:51 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    SEC Form 144 filed by Progress Software Corporation

    144 - PROGRESS SOFTWARE CORP /MA (0000876167) (Subject)

    7/8/25 4:23:01 PM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    SEC Form 10-Q filed by Progress Software Corporation

    10-Q - PROGRESS SOFTWARE CORP /MA (0000876167) (Filer)

    6/30/25 4:21:55 PM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    $PRGS
    Financials

    Live finance-specific insights

    View All

    Progress Software Announces Second Quarter 2025 Financial Results

    Annualized Recurring Revenue ("ARR") of $838 million Grew 46% year-over-yearRevenue of $237 million Grew 36% year-over-yearRaises Full Year Guidance for Revenue, Operating Margin, Earnings Per Share, and Cash FlowAcquires Agentic RAG AI Company BURLINGTON, Mass., June 30, 2025 (GLOBE NEWSWIRE) -- Progress Software (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced financial results for its fiscal second quarter ended May 31, 2025. Second Quarter 2025 Highlights: Revenue of $237 million increased 36% year-over-year on an actual currency basis and 35% on a constant currency basis.Annualized Recurring Revenue ("ARR") of $838 mi

    6/30/25 4:15:00 PM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    Progress Software to Report Second Quarter 2025 Financial Results on June 30, 2025

    BURLINGTON, Mass., June 16, 2025 (GLOBE NEWSWIRE) -- Progress Software (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it will release financial results for its fiscal second quarter of 2025 after the market close on Monday, June 30, 2025. Progress will host a conference call to review and discuss the results at 5:00 p.m. ET the same day. The company's second quarter of fiscal year 2025 ended on May 31, 2025. Conference Call DetailsA live webcast of the call will be available using this link. To access the conference call by phone, please use this link to retrieve dial-in details. To avoid delays, we encourage partici

    6/16/25 9:00:00 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    Progress Announces First Quarter 2025 Financial Results

    Annualized Recurring Revenue ("ARR") of $836 million Grew 48% year-over-yearRevenue of $238 million Grew 29% year-over-yearShareFile Integration Underway BURLINGTON, Mass., March 31, 2025 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced financial results for its fiscal first quarter ended February 28, 2025. First Quarter 2025 Highlights: Revenue and non-GAAP revenue of $238 million increased 29% year-over-year on an actual and 30% on a constant currency basis.Annualized Recurring Revenue ("ARR") of $836 million increased 48% year-over-year on a constant currency basis.Operating margin was 14% a

    3/31/25 4:05:00 PM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    $PRGS
    Leadership Updates

    Live Leadership Updates

    View All

    Progress Software Acquires Nuclia, an Innovator in Agentic RAG AI Technology

    Company adds easy-to-use agentic RAG-as-a-service product for organizations to automate and retrieve verifiable, high-quality AI search and generative answers BURLINGTON, Mass., June 30, 2025 (GLOBE NEWSWIRE) -- Progress Software (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the acquisition of Nuclia, an innovator in agentic Retrieval-Augmented Generation (RAG) AI solutions. Nuclia provides a unique agentic RAG-as-a-service product enabling organizations to automatically leverage their own proprietary business information to retrieve verifiable, accurate answers using GenAI. "Nuclia's easy-to-use, self-service SaaS produ

    6/30/25 4:05:00 PM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    Progress Appoints Ed Keisling to the Role of Chief AI Officer

    Senior engineering leader to oversee Company's AI strategy and continued rapid development of AI-powered solutions across the global Progress product portfolio BURLINGTON, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the appointment of Ed Keisling as the Company's Chief AI Officer (CAIO). In this newly created role, Keisling will be responsible for leading the AI strategy for Progress and for further transforming the Company's product portfolio to support customers with their AI journeys. He will report directly to Progress CEO Yogesh Gupta. "Ed is a transformational tec

    2/27/25 9:00:00 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    M-Files Appoints Jay Bhatt as CEO

    Leadership Transition in Conjunction with Closing of Majority Recapitalization by Haveli Investments, Bregal Milestone and CrossParadigm Capital M-Files, the leader in knowledge work automation, today announced the appointment of industry veteran Jay Bhatt as CEO. Bhatt joins M-Files with an extensive history of operational excellence and a proven track record of helping software businesses scale, develop powerful go-to-market capabilities, and achieve best-in-class service and support while also investing in product innovation. Bhatt previously served as CEO of both private and public software companies, including Alfresco Software, Blackboard, and Progress Software (NASDAQ:PRGS), and pr

    12/3/24 9:00:00 AM ET
    $ADSK
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    $PRGS
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by Progress Software Corporation (Amendment)

    SC 13G/A - PROGRESS SOFTWARE CORP /MA (0000876167) (Subject)

    2/10/22 5:26:41 PM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    SEC Form SC 13G/A filed by Progress Software Corporation (Amendment)

    SC 13G/A - PROGRESS SOFTWARE CORP /MA (0000876167) (Subject)

    2/10/22 8:32:50 AM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology

    SEC Form SC 13G filed

    SC 13G - PROGRESS SOFTWARE CORP /MA (0000876167) (Subject)

    2/10/21 12:04:10 PM ET
    $PRGS
    Computer Software: Prepackaged Software
    Technology