Friday, April 13, 2012

TIBCO Buys LogLogic

Palo Alto-based TIBCO Software said late Thursday that it has acquired LogLogic, a privately held developer of log and security management software, for approximately $130M. LogLogic said the buy will help expand its operational intelligence offerings. LogLogic was venture backed by Focus Ventures, Sequoia Capital, Telesoft Partners, Worldview Technology Partners, INVESCO Private Capital, SAP Ventures, CM-CIC Private Equity, Credit Agricole Private Equity and ELAIA Partners.