Progress Software Corporation agreed to acquire novel labs, Inc. from Citrix Systems, Inc. for approximately 0 million.

Progress Software Corporation agreed to acquire novel labs, Inc. from Citrix Systems, Inc. for approximately $880 million.

Progress Software Corporation (NasdaqGS:PRGS) agreed to acquire novel labs, Inc. from Citrix Systems, Inc. for approximately $880 million on September 9, 2024. A cash consideration will be paid by Progress Software Corporation. As part of…

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