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Progress targets $1 billion revenue with acquisition; expands Bangalore team

Nov 22, 2024, 21:46 PM
External url : https://www.thehindubusinessline.com/info-tech/progress-targets-1-billion-revenue-with-acquisition-expands-bangalore-team/article68829059.ece
Source Name : The Hindu Businessline
Date : Nov 4, 2024, 05:00 AM
US-based Progress, a provider of AI-driven infrastructure software, is expected to reach almost $1 billion in revenue by 2025 following its acquisition of ShareFile, according to company CEO Yogesh Gupta. This acquisition will expand the company’s Bengaluru team by adding 150 employees, increasing its India workforce to around 650.