Tibco Software For Sale?
Tibco’s software portfolio spans analytics, data virtualization, master data management (MDM) and more. Tibco’s partner program spans ISV (independent software vendors) alliance partners, OEMs (original equipment manufacturers), managed service/application service providers (MSPs and ASPs), master distributors, system integrators, VARs (value-added resellers, consulting partners, strategic territory sub-partner and global strategic partners.
Vista Equity Partners plans to meet with investment banks in the days ahead, but a Tibco sale is not guaranteed and talks with potential buyers have not begun, CNBC reports.
Vista Equity: Tibco Ownership History
Vista acquired Tibco for $4.3 billion in 2014. Tibco since that time has acquired multiple data analytics and business intelligence software companies — including:
- microservices and API startup Nanoscale in 2017;
- master data management software company Orchestra Networks SA in 2018;
- in-memory data platform SnappyData in 2019; and
- Information Builders for about $1 billion in October 2020.
Vista Equity Investment Portfolio
Although Tibco is enterprise-focused, Vista Equity also invests in the SMB technology market. Key Vista Equity holdings include Datto (stock symbol: $MSP), which develops data protection, networking, automation and monitoring software for MSPs in the small business sector.
Vista Equity has more than $77 billion in assets under management, the company says.