TIBCO Software buys Jaspersoft

TIBCO Software Inc. (NASDAQ: TIBX) said it has acquired Jaspersoft Corp.

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 USD185m. The acquisition is expected to be neutral to TIBCO´s non-GAAP earnings per share for its 2014 fiscal year.

Jaspersoft empowers people every day to make better decisions faster by bringing them timely, actionable data inside their apps and business processes. Its embeddable, cost-effective reporting and analytics platform allows anyone to quickly self-serve to get the answers they need, while scaling architecturally and economically to reach everyone. For more information, visit http://www.jaspersoft.com and http://community.jaspersoft.com.

TIBCO Software is a leader in infrastructure and business intelligence software. Its website is at www.tibco.com.

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