American enterprise software company
TIBCO at AWS re:Invent TIBCO Software Inc. is a business unit of Cloud Software Group that provides enterprise 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 by Vivek Ranadivé as a subsidiary of Reuters Holdings .[2] million in 1994.[3] [4] Microsoft in the development of push technology .[5] Wall Street 's trading floors during the company's early beginnings, had evolved to be used in energy, semiconductor manufacturing, and other industries, by 1999.[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 into enterprise portals . The company partnered with Hewlett-Packard , WebEx , and Citrix Systems on its development.[8] [9] dot-com bubble burst and was listed among USA 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 as chief executive officer (CEO) following the acquisition.[15] [16] [17]
TIBCO acquired data and analytics company Information Builders for an undisclosed sum in January 2021.[18] Elliott Investment Management acquired Florida-based Citrix Systems for $16.5 billion and merged the company with TIBCO, forming Cloud Software Group.[19] [20]
TIBCO Software provides enterprise application integration , data integration , messaging , event processing , data virtualization , master data management , API management , and business process automation capabilities.[21]
The company has made several acquisitions. In 2007, it acquired Spotfire , a business intelligence software company.[22] security management platform LogLogic ,[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 from Intel .[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).[40]
In November 2017 it acquired Alpine Data Labs.[41]
On June 6, 2018, it announced the acquisition of integration platform-as-a-service leader Scribe Software.[42]
On December 4, 2018, it announced the acquisition of Paris-based Orchestra Networks, a Master Data Management leader.[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 . Retrieved March 20, 2023 . ^ a b Riches, Sam (December 26, 2013). "This Man Wants to Make the NBA a Social Network — And Take It Global" . Wired . Retrieved April 26, 2023 . ^ Roush, Wade (October 28, 2010). "The Second Advantage: Talking with TIBCO's Vivek Ranadivé" . Xconomy the original on June 21, 2021. Retrieved July 19, 2013 . ^ Swartz, Jon (May 22, 1997). "Big Boys Pushing Into Hot Technology / Microsoft, Netscape enter the fray" . SFGATE . Retrieved March 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 . Retrieved March 20, 2023 .^ Levermore-Rich, Adam (June 27, 2001). "Tapping into the need for speed" . Palo Alto Weekly . Retrieved March 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 . Retrieved March 20, 2023 .^ Ciaccia, Chris (December 21, 2011). "Tibco Tops Wall Street Profit View by Nearly 20%" . TheStreet . Retrieved March 20, 2023 . ^ Abramson, Ronna (March 18, 2004). "Tibco CEO Sets Big Goals" . TheStreet . Arena Group. Retrieved March 20, 2023 . ^ McCracken, Jeffrey (January 25, 2012). "Tibco to Hire Rapidly as Economy Improves, CEO Ranadive Says" . Bloomberg News . Retrieved March 20, 2023 . ^ Clancy, Heather (December 22, 2014). "Exit Interview: What's next for Tibco founder Vivek Ranadivé?" . Fortune . Retrieved March 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 . Retrieved March 20, 2023 . ^ "Cloud Software Group explained, with TIBCO and Citrix still very much in enterprise line of sight" . diginomica.com . June 15, 2023. Retrieved January 9, 2024 .^ Millward, Wade Tyler (September 30, 2022). "Citrix-Tibco Close $17B Deal, Uniting Virtualization And Enterprise Apps Vendors" . CRN . Retrieved March 20, 2023 . ^ Kerner, Sean Michael (March 14, 2023). "Tibco scales data analytics and visualization with an eye on AI" . VentureBeat . Retrieved April 13, 2023 . ^ Marshall, Matt (May 2, 2007). "Tibco to buy business intelligence software co., Spotfire, for $195M" . VentureBeat . Retrieved June 21, 2023 . ^ Savitz, Eric (April 13, 2012). "Tibco Buys LogLogic For $130M" . Forbes . Retrieved June 21, 2023 . ^ Kell, John (April 28, 2014). "Tibco Pays About $185M to Acquire Jaspersoft" . The Wall Street Journal . Retrieved June 21, 2023 . ^ Farr, Christina (June 11, 2013). "Tibco acquires Streambase to bring real-time analytics tech to Wall Street" . VentureBeat . Retrieved June 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 Software Completes InConcert Acquisition" . www.prnewswire.com . Archived from the original on April 13, 2016.^ "TIBCO Software Announces Acquisition of Extensibility, Inc" . www.prnewswire.com . Archived from the original on April 13, 2016.^ "TIBCO Software acquires Netrics" . idm . March 31, 2010. Retrieved January 15, 2024 .^ "TIBCO Software SEC Filing 10Q" .^ "TIBCO Completes Acquisition of Proginet Corporation" (Press release). September 16, 2010. Archived from the original on June 23, 2019 – via Reuters .^ "Tibco Software acquires OpenSpirit" . www.bizjournals.com . Retrieved January 15, 2024 .^ "TIBCO Software Acquires Loyalty Lab" . Archived from the original on December 20, 2013. Retrieved December 5, 2013 .^ "TIBCO Software Acquires Nimbus Partners" . Archived from the original on October 26, 2013. Retrieved December 5, 2013 .^ "TIBCO Software Acquires Maporama Solutions" Archived July 14, 2014, at the Wayback Machine . TIBCO Software.^ "TIBCO Software Acquires Extended Results" Archived June 4, 2014, at the Wayback 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 . Retrieved May 18, 2017 .^ "TIBCO Bolsters Microservices Leadership with nanoscale.io Acquisition" . TIBCO Software Inc .^ "TIBCO Acquires Data Virtualization Business from Cisco" . TIBCO Software Inc .^ "TIBCO Acquires Alpine Data to Bolster Data Science Technology" . Database Trends and Applications . November 16, 2017. Retrieved January 15, 2024 .^ "TIBCO Software Acquires Integration Platform-as-a-Service Leader Scribe Software" . TIBCO Software Inc .^ "TIBCO Announces Acquisition of Master Data Management Leader Orchestra Networks" . TIBCO Software Inc .^ "TIBCO Announces Acquisition of High-Performance In-Memory Data Platform SnappyData" . TIBCO Software Inc .
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