Progress Software Acquires Nuclia, an Innovator in Agentic RAG AI Technology

Core Insights - Progress Software has acquired Nuclia, a company specializing in agentic Retrieval-Augmented Generation (RAG) AI solutions, to enhance its offerings in AI-powered digital experiences and infrastructure [1][2][3] - The acquisition allows organizations to utilize their proprietary business information to retrieve accurate and verifiable answers through a self-service SaaS product, democratizing access to advanced AI capabilities [2][5] - The deal is expected to extend the value of the Progress Data Platform and broaden market reach for agentic RAG technology [2][3] Company Overview - Progress Software (Nasdaq: PRGS) focuses on empowering organizations to achieve success through AI-powered applications and digital experiences, serving over 4 million developers and technologists [4] - Nuclia aims to revolutionize data-driven systems by converting internal data into actionable knowledge, addressing the challenge organizations face in extracting value from their data [5]