TIBCO Software

TIBCO Software is a software company offering a suite of business intelligence and analytics products and services that is headquartered in Palo Alto, California and was founded in 1985 by Vijay Tella and Vivek Ranadive.

Products

Products offered by TIBCO Software include: TIBCO Data Science (collaboration and machine leanring using company data), TIBCO Spotfire (search,data wrangling, and data analytics enhanced with artificial intelligence) , TIBCO Jaspersoft (business intelligence), TIBCO Cloud Integration (API integrations), TIBCO Data Virtualization (data cleaning and data management), TIBCO Cloud Mashery (API management and deployment), and TIBCO EBX Softawre (governance, management, and consumption of data).

Acquired by Vista Equity Partners

On September 29, 2014 TIBCO Software announced being acquired by Vista Equity Partners for approximately $4.3 billion. The acquisition gave each shareholder of TIBCO Software $24 per share in cash. Vista Equity Partners acquired TIBCO Software at a purchase price representing a 26.3% premium of the closing stock price of TIBCO Software as of September 23, 2014.