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Completed
Synopsis
Progress Software, a provider of AI-powered digital experience and infrastructure software, completed the acquisition of Nuclia, a technology company specializing in Retrieval-Augmented Generation (RAG) as a service. Financial terms were not disclosed. "Nuclia’s easy-to-use, self-service SaaS product democratizes the use of trustworthy and verifiable GenAI. Small to mid-sized businesses, as well as large global corporations, can quickly and easily reap the benefits of sophisticated agentic RAG capabilities using Nuclia SaaS without the need for significant upfront investment," Yogesh Gupta, Progress Software CEO.
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