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Progress Software Raises 2025 Revenue Outlook to $974M Following Nuclia Acquisition and Strong Q2

Summary by Citybiz
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 …

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Seeking Alpha broke the news in United States on Monday, June 30, 2025.
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