Software // Information Management
12:59 PM

Tibco Acquires Spotfire For $195 Million

As a business information provider, Spotfire's software features an interactive and visual approach to data analysis.

Tibco Software moved to bolster its enterprise software offerings by acquiring Spotfire, a startup specializing in advanced business-intelligence software.

In the Tuesday announcement, Tibco said it will pay $195 million in cash for Spotfire. The deal is expected to close before October.

Tibco said Spotfire's predictive analytics software will fit neatly into its service-oriented architecture and business-process management offerings.

"The combination of Spotfire's next generation BI capabilities with Tibco's real-time infrastructure will successfully transform the way customers can interact with data to offer a complete and contextual picture for making truly informed decisions," said Tibco chairman and CEO Vivek Ranadive in a statement.

Noting that many large IT vendors are heavily invested in older BI architectures, the firms said Spotfire's advanced software in combination with Tibco's SOA and BPM offerings will improve the manner in which business users interact with data.

Spotfire's software, which features an interactive and visual approach to data analysis, enables users to ask and answer questions on demand. The software is designed for easy use by business managers, including those who aren't necessarily steeped in IT expertise.

"Today's front-line decision-makers want not only unparalleled access to business-critical information, but also a broader, clearer view of how that data relates to processes," said Spotfire's CEO Christopher Ahlberg, who said Spotfire's software combined with Tibco's will enable users to make quicker and better business decisions.

Comment  | 
Print  | 
More Insights
The Agile Archive
The Agile Archive
When it comes to managing data, donít look at backup and archiving systems as burdens and cost centers. A well-designed archive can enhance data protection and restores, ease search and e-discovery efforts, and save money by intelligently moving data from expensive primary storage systems.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Elite 100 Digital Issue, April 2015
The 27th annual ranking of the leading US users of business technology
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on for the week of April 19, 2015.
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.