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BUSINESSSalt Lake Tribune·6h ago

A Utah tech darling’s A.I. business just changed hands. Now, 175 local workers are losing their jobs.

Photo · Trent Nelson
AI TLDR · GEMINI

Progress Software has acquired most of the assets of Utah-based tech company Domo for $400 million, resulting in the layoff of 175 local employees.

Massachusetts-based Progress Software paid $400 million for almost all of Domo’s assets.

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