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… Article Source https://www.marketscreener.com/quote/stock/PROGRESS-SOFTWARE-CORPORA-10533/news/Progress-Software-Corporation-agreed-to-acquire-novel-labs-Inc-from-Citrix-Systems-Inc-for-appro-47832374/