Tibco Software’s Lack Of Cloud Kept Suitors Away

By | September 29, 2014

Scalper1 News

Tibco Software’s lack of traction in cloud computing is a prime reason the enterprise software company will likely wind up in the hands of a private equity firm rather than being bought by a larger software company such as Oracle or SAP, some analysts say. Tibco (TIBX), a leading provider of infrastructure software, early Monday announced it had agreed to be sold for $4.3 billion, or $24 a share, to Vista Equity Partners, a private equity firm Scalper1 News

Scalper1 News