American enterprise software company
TIBCO at AWS re:Invent TIBCO Software Inc. is a business unit of Cloud Software Group that providesenterprise software. It has headquarters in Palo Alto and offices in North America, Europe, Asia, the Middle East,Africa and South America.[ 1]
TIBCO (The Information Bus Company) was founded in 1997 byVivek Ranadivé as a subsidiary ofReuters Holdings .[ 2] million in 1994.[ 3] [ 4] Microsoft in the development ofpush technology .[ 5] [ 6] [ 3] initial public offering (IPO) of stock on July 14, 1999. The company said it raised $109.5 million from its IPO.[ 7]
In 2000,Yahoo! introduced Corporate Yahoo, a platform developed with TIBCO Software that allowed companies to bundle services including email, calendars, and news intoenterprise portals . The company partnered withHewlett-Packard ,WebEx , andCitrix Systems on its development.[ 8] [ 9] dot-com bubble burst and was listed amongUSA Today '[ 10] market capitalization of $2 billion.[ 11]
By 2011, the company's annual revenues had grown to $920 million, its customer base to 4,000, and its number of employees to 2,500.[ 12] [ 13] [ 14] Vista Equity Partners for $4.2 billion in December 2014. Murray Rode replaced Ranadivé aschief executive officer (CEO) following the acquisition.[ 15] [ 16] [ 17]
TIBCO acquired data and analytics companyInformation Builders for an undisclosed sum in January 2021.[ 18] Elliott Investment Management acquired Florida-basedCitrix Systems for $16.5 billion and merged the company with TIBCO, formingCloud Software Group .[ 19] [ 20]
TIBCO Software providesenterprise application integration ,data integration ,messaging ,event processing ,data virtualization ,master data management ,API management , andbusiness process automation capabilities.[ 21]
The company has made several acquisitions. In 2007, it acquiredSpotfire , a business intelligence software company.[ 22] security management platformLogLogic ,[ 23] JasperSoft ,[ 24] streaming data analytics firm StreamBase Systems.[ 25]
Other acquisitions include:
In 1997, it acquired inCommon, a push software company.[ 26] In 1999, it acquired InConcert, a telecommunication workflow company.[ 27] In 2000, it acquired Extensibility, an XML technology company.[ 28] On March 25, 2010, the company acquired Netrics, a privately held provider of enterprise data matching software products.[ 29] On April 20, 2010, it acquired Kabira Technologies Inc., a privately held provider of in-memory transaction-processing software.[ 30] On September 16, 2010, the company acquired Proginet (file transfer).[ 31] On September 23, 2010, it acquired OpenSpirit, a provider of data and application integration for exploration and production of oil and gas.[ 32] On December 8, 2010, the company acquired Loyalty Lab Inc., a privately held independent provider of loyalty management software.[ 33] On August 30, 2011, it acquired Nimbus, a UK-headquartered provider of business process discovery and analysis applications.[ 34] On March 25, 2013, it acquired Maporama Solutions, a privately held provider of location intelligence and geospatial analytics solutions.[ 35] On September 18, 2013, it acquired Extended Results, a privately held provider of mobile business intelligence software.[ 36] On August 25, 2015, it announced the acquisition of San Francisco-based Mashery, an API management solution fromIntel .[ 37] On May 15, 2017, it announced the acquisition of Statistica, a data science platform provider.[ 38] On July 6, 2017, it announced the acquisition of Virginia-based nanoscale.io, a microservices development platform.[ 39] On October 5, 2017, it announced the acquisition of Cisco's Data Virtualization business (formerly Composite Software). In November 2017 it acquiredAlpine Data Labs .[ 40] On June 6, 2018, it announced the acquisition of integration platform-as-a-service leaderScribe Software .[ 41] On December 4, 2018, it announced the acquisition of Paris-based Orchestra Networks, a Master Data Management leader.[ 42] [ 43] On March 7, 2019, it announced the acquisition of start-up SnappyData, a high-performance in-memory data platform.[ 44]
^ Moore, Connie (February 2006). "The Forrester Wave: Human-Centric Business Process Management Suites, Q1 200". ^ Levine, Barry (September 29, 2014)."Tibco goes private for $4.3 billion" .VentureBeat . RetrievedMarch 20, 2023 . ^a b Riches, Sam (December 26, 2013)."This Man Wants to Make the NBA a Social Network — And Take It Global" .Wired . RetrievedApril 26, 2023 . ^ Roush, Wade (October 28, 2010)."The Second Advantage: Talking with TIBCO's Vivek Ranadivé" .Xconomy the original on June 21, 2021. RetrievedJuly 19, 2013 . ^ Swartz, Jon (May 22, 1997)."Big Boys Pushing Into Hot Technology / Microsoft, Netscape enter the fray" .SFGATE . RetrievedMarch 20, 2023 . ^ Wingfield, Nick (March 18, 1999)."Tibco Software 'Pushes' Wares Beyond Its Wall Street Roots" .The Wall Street Journal ^ "Tibco Raises $109 Million" .The New York Times . RetrievedMarch 20, 2023 .^ Levermore-Rich, Adam (June 27, 2001)."Tapping into the need for speed" .Palo Alto Weekly . RetrievedMarch 20, 2023 . ^ "Daily Briefing: Yahoo to introduce corporate product".The Atlanta Journal-Constitution ^ Krantz, Matt (January 3, 2002)."Internet 50 Survivors Rise from Dot-Com Debris" .USA Today ^ Anders, George (June 30, 2001)."Why " Real-Time" Business Takes Real Time" .Fast Company . RetrievedMarch 20, 2023 .^ Ciaccia, Chris (December 21, 2011)."Tibco Tops Wall Street Profit View by Nearly 20%" .TheStreet . RetrievedMarch 20, 2023 . ^ Abramson, Ronna (March 18, 2004)."Tibco CEO Sets Big Goals" .TheStreet . Arena Group. RetrievedMarch 20, 2023 . ^ McCracken, Jeffrey (January 25, 2012)."Tibco to Hire Rapidly as Economy Improves, CEO Ranadive Says" .Bloomberg News . RetrievedMarch 20, 2023 . ^ Clancy, Heather (December 22, 2014)."Exit Interview: What's next for Tibco founder Vivek Ranadivé?" .Fortune . RetrievedMarch 20, 2023 . ^ "TIBCO Names Dan Streetman as Chief Executive Officer, Murray Rode as Vice Chairman" .TIBCO (Press release). April 10, 2019.^ Ranjha, Ikrama Majeed (April 10, 2019)."Former BMC Software exec joins TIBCO as CEO" .S&P Global ^ Vizard, Michael (January 6, 2021)."TIBCO closes its acquisition of IBI to advance data analytics" .VentureBeat . RetrievedMarch 20, 2023 . ^ "Cloud Software Group explained, with TIBCO and Citrix still very much in enterprise line of sight" .diginomica.com . June 15, 2023. RetrievedJanuary 9, 2024 .^ Millward, Wade Tyler (September 30, 2022)."Citrix-Tibco Close $17B Deal, Uniting Virtualization And Enterprise Apps Vendors" .CRN . RetrievedMarch 20, 2023 . ^ Kerner, Sean Michael (March 14, 2023)."Tibco scales data analytics and visualization with an eye on AI" .VentureBeat . RetrievedApril 13, 2023 . ^ Marshall, Matt (May 2, 2007)."Tibco to buy business intelligence software co., Spotfire, for $195M" .VentureBeat . RetrievedJune 21, 2023 . ^ Savitz, Eric (April 13, 2012)."Tibco Buys LogLogic For $130M" .Forbes . RetrievedJune 21, 2023 . ^ Kell, John (April 28, 2014)."Tibco Pays About $185M to Acquire Jaspersoft" .The Wall Street Journal . RetrievedJune 21, 2023 . ^ Farr, Christina (June 11, 2013)."Tibco acquires Streambase to bring real-time analytics tech to Wall Street" .VentureBeat . RetrievedJune 21, 2023 . ^ "TIBCO Acquires inCommon; Content Delivery and Management Technology to be Integrated Into TIBCO's Information Bus Products. - Free Online Library" .www.thefreelibrary.com .^ "Tibco Buying Xerox's Inconcert Unit for $34 Million" .NY Times . October 1, 1999.^ NewsShark (August 3, 2000)."Tibco Announces Acquisition of Extensibility" .The Gilbane Advisor . RetrievedJanuary 2, 2025 . ^ "TIBCO Software acquires Netrics" .idm . March 31, 2010. RetrievedJanuary 15, 2024 .^ "TIBCO Software SEC Filing 10Q" .^ "TIBCO Completes Acquisition of Proginet Corporation" (Press release). September 16, 2010. Archived fromthe original on June 23, 2019 – viaReuters .^ "Tibco Software acquires OpenSpirit" .www.bizjournals.com . RetrievedJanuary 15, 2024 .^ "TIBCO Software Acquires Loyalty Lab" . Archived fromthe original on December 20, 2013. RetrievedDecember 5, 2013 .^ "TIBCO Software Acquires Nimbus Partners" . Archived fromthe original on October 26, 2013. RetrievedDecember 5, 2013 .^ "TIBCO Software Acquires Maporama Solutions" Archived July 14, 2014, at theWayback Machine . TIBCO Software.^ "TIBCO Software Acquires Extended Results" Archived June 4, 2014, at theWayback Machine . TIBCO Software.^ "TIBCO Software to Acquire API Management Leader Mashery" .TIBCO Software Inc .^ "TIBCO Software to Acquire Data Science Platform Leader Statistica | TIBCO Software" .www.tibco.com . RetrievedMay 18, 2017 .^ "TIBCO Bolsters Microservices Leadership with nanoscale.io Acquisition" .TIBCO Software Inc .^ "TIBCO Acquires Alpine Data to Bolster Data Science Technology" .Database Trends and Applications . November 16, 2017. RetrievedJanuary 15, 2024 .^ "TIBCO Buys Scribe Software to Expand Integration Products - CDP Institute" . June 7, 2018. RetrievedJanuary 2, 2025 .^ "TIBCO to buy data management firm Orchestra Networks: sources" .reuters.com . December 4, 2018.^ "Tibco's Orchestra acquisition will mean 'faster IT integration' | Computer Weekly" .ComputerWeekly.com . RetrievedJanuary 2, 2025 .^ Walsh, Sue (April 11, 2019)."TIBCO Snaps Up SnappyData Data Platform" .RTInsights . RetrievedJanuary 2, 2025 .
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