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Posted on: Sept. 8, 2020, 3:01 p.m.
Updated below with details from interview with Chef CEO Barry Crist. Business application platform Progress will acquire Seattle-based automation technology company Chef for $220 million in cash under a deal announced Tuesday. It’s a major turn of events for a company that has been a mainstay of the Pacific Northwest tech community for more than a decade. Progress, based in Bedford, Mass., is publicly traded on the Nasdaq. The acquisition “will provide the scale to further drive Chef’s platform forward ... Full investment news articleRelevent to this post: Public School and Education Employee Retirement Systems of Missouri Citi Ventures,