Add-on Acquisition • Software

Tibco Acquires OpenSpirit

On September 23, 2010, Tibco acquired software company OpenSpirit

Acquisition Context
  • This is Tibco’s 7th transaction in the Software sector.
  • This is Tibco’s 6th transaction in the United States.
  • This is Tibco’s 1st transaction in Texas.

Explore All 10284 Add-on Acquisition Software Deals - Search the Database Free


M&A Deal Summary

Date September 23, 2010
Target OpenSpirit
Sector Software
Buyer(s) Tibco
Deal Type Add-on Acquisition

Target Company

OpenSpirit

Stafford, Texas, United States
OpenSpirit Corporation is a provider of data and application integration solutions that assist geologists and geophysicists in gathering data from multiple sources for determining the likelihood of finding oil, gas, or condensates.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Tibco

Palo Alto, California, United States

Category Company
Founded 1985
Sector Software
Revenue 1.1B USD (2013)
DESCRIPTION
Entrance to Tibco Software's corporate headquarters in Palo Alto, California.
Entrance to Tibco Software's corporate headquarters in Palo Alto, California.

Tibco is a provider of middleware and infrastructure software. Tibco's standards-based software platform enables customers to create flexible, event-driven applications from infrastructure and deliver real-time, actionable insights. Tibco was formed in 1985 and is based in Palo Alto, California.


Deal Context for Buyer #
Overall 7 of 23
Sector: Software 7 of 12
Type: Add-on Acquisition 7 of 21
State: Texas 1 of 1
Country: United States 6 of 20
Year: 2010 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-16 Proginet

Garden City, New York, United States

Proginet is a provider of multi-platform software solutions for fast, secure file transfers both inside and outside the enterprise via an on-premise or cloud-based deployment model.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-08 Loyalty Lab

San Francisco, California, United States

Loyalty Lab Inc. is a provider of loyalty management solutions. Loyalty Lab's software-as-a-service offering allows marketers to manage world-class loyalty marketing programs, such as frequent flyer mileage programs, from their desktop.

Buy $23M