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Slide #39. TIBCO Software — Jaspersoft
TIBCO Software (TIBX)
TIBCO Software Inc. (NASDAQ: TIBX) today announced it has acquired Jaspersoft Corporation, a privately held provider of embedded business intelligence (BI) and reporting software. Jaspersoft's commercial open source business model and embedded business intelligence suite allows application developers to embed highly interactive reports, dashboards and analytics into their applications. These tools give customers the ability to gain insight from multiple data sources and ultimately make better decisions. The total consideration paid was approximately $185 million. The acquisition is expected to be neutral to TIBCO's non-GAAP earnings per share for its 2014 fiscal year.
TIBCO Software is a provider of infrastructure and business software. Co. provides a range of software products that can be sold individually or sold together as a suite. Co. divides its products into three groups: integration and core infrastructure, business optimization, and process automation and collaboration. Co.'s products are licensed by companies worldwide in a range of industries such as financial services, telecommunications, and business services. Co. sells its products through a direct sales force and through alliances with other software vendors, resellers and systems integrators. Co. also provides personnel services, maintenance and support, training, and hosted services.
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Hold (2.18 out of 4)
(ranked higher than approx. 100% of all stocks covered)
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