Progress Acquires ShareFile to Enhance Cloud Solutions and Collaboration

Monday, 9 September 2024, 05:06

Progress has announced its acquisition of ShareFile, a notable business unit of Cloud Software Group, aiming to strengthen its cloud collaboration offerings. This strategic move demonstrates Progress's commitment to expanding its footprint in the cloud market and delivering innovative solutions to its customers. The acquisition is set to redefine the way teams collaborate in the cloud, streamlining workflows and improving productivity.
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Progress Acquires ShareFile to Enhance Cloud Solutions and Collaboration

Progress Acquires ShareFile

Progress (PRGS) has entered into a definitive agreement to acquire ShareFile, the business unit of Cloud Software Group. This strategic acquisition marks a significant milestone for Progress as it aims to enhance its cloud solutions offerings. By integrating ShareFile's capabilities, Progress is poised to improve collaboration tools, leading to increased productivity among teams.

Details of the Acquisition

  • Strengthening cloud offerings.
  • Focus on enhanced collaboration.
  • Commitment to customer-centric innovation.

Impact on the Market

This acquisition is not just about gaining a new product; it's about accelerating progress within the cloud industry. With ShareFile's collaborative tools integrated into Progress's infrastructure, customers can expect more streamlined workflows and a powerful suite of cloud capabilities.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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