Tibco Software founder talks of recovery at TieCon event
Tibco Software chief executive Vivek Ranadive said the worst of the tech recession is behind us as he addressed the TieCon conference — an annual event in Silicon Valley heavily attended by the South Asian, venture capital and entrepreneur communities.
Palo Alto, Calif.-based Tibco, a company with a market value of $1.1 billion, makes software that gives real-time insight into the operations of a company and thus it has insight into the enterprise market, which has… Continue Reading
Tibco to buy business intelligence software co., Spotfire, for $195M
Tibco, a Palo Alto, Calif. software company, said it has agreed to buy business intelligence software company Spotfire, of Somerville, Mass. for about $195 million in cash.
Tibco said its own software, which gives companies a way to manage their data infrastructure in “real time,” would be complimented by Spotfire’s business intelligence offering. It is the latest in a string of acquisitions of business intelligence companies.
See the Tibco’s statement about the acquisition and other info pages… Continue Reading