Progress Software
Coverage of Progress Software in the Nexus archive.
- Domo sells its main businesses for $400 million, leaving founder Josh James with a hoard of cash to put to work
Progress Software is acquiring Domo's AI and data business for $400 million, allowing Domo to remain a separate publicly listed company led by founder Josh James. The remaining Domo entity holds $246 million in cash and tax-loss assets, with plans to explore value-generating transactions or shareholder returns.
- Progress Patches Critical MOVEit Automation Bug Enabling Authentication Bypass
Progress Software has released updates to address two security flaws in MOVEit Automation, including a critical bug that could result in an authentication bypass. The patches address security issues in the managed file transfer solution used in enterprise environments. This update is crucial for securing file movement workflows.
- Progress warns of critical MOVEit Automation auth bypass flaw
Progress Software warned customers about a critical authentication bypass vulnerability in its MOVEit Automation application. The vulnerability affects the enterprise-grade managed file transfer application. Customers are advised to patch the flaw.