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Progress Software buys file-sharing company for $875 million

Sep 10, 2024, 12:59 PM

External url : https://www.bostonglobe.com/2024/09/09/business/progress-software-buys-file-sharing-company-875-million/?event=event12

Source Name : The Boston Globe

Date : Sep 9, 2024, 04:00 AM

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.