Progress Software Expands AI and Workforce Operations in India with New Bengaluru Innovation Hub
Progress Software Corporation (PRGS)
Last progress software corporation earnings: 3/26 04:15 pm
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Source: GlobeNewswire
New office at Embassy Tech Village reinforces the company’s long-term commitment to India’s tech talent with a focus on AI-led innovation BURLINGTON, Mass., April 14, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the relocation and expansion of its Bengaluru office, marking a milestone in the growth of its India Global Capability Center (GCC). The move reflects the increasing strategic importance of India in Progress’ global AI innovation, talent and growth plans and underscores the company’s long-term investment in scaling high-impact engineering, product development, sales, customer success, marketing and operations teams. Located at Embassy Tech Village, one of Bengaluru’s premier technology hubs, the facility is purpose-built to enhance collaboration, accelerate AI-led innovation and support the company’s future expansion within the region’s thriving technology ecosy
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News
- Progress Software (PRGS) was downgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "hold (c-)" to "sell (d+)".MarketBeat
- New Price Target for Progress Software Amid Sector Pressures [Yahoo! Finance]Yahoo! Finance
- Wedbush Lowers its Price Target on Progress Software (PRGS) to $45 [Yahoo! Finance]Yahoo! Finance
- Progress Software (PRGS) was upgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "sell (d+)" to "hold (c-)".MarketBeat
- Progress Software (PRGS) had its price target lowered by Citigroup Inc. from $60.00 to $46.00. They now have a "buy" rating on the stock.MarketBeat
PRGS
Earnings
- 3/30/26 - Beat
PRGS
Sec Filings
- 4/6/26 - Form 144
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- PRGS's page on the SEC website