Business Insider
US · 21 mins ago
Domo sells its main businesses for $400 million, leaving founder Josh James with a hoard of cash to put to work
Josh James, founder and CEO, Domo.
Business Wire/AP
Progress Software is acquiring Domo's AI and data business for $400 million.
Domo will keep its current leadership and operate as a separate entity after the deal.
Business Insider previously reported on Domo's business and leadership challenges.
Progress Software agreed to buy Domo's AI and data business for $400 million, ending a tumultuous chapter for tech executive Josh James. It's not the end, though.
Progress, a public software company…
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