Thursday, September 25, 2014

Private Equity Firms Eye Tibco

Several private equity firms are looking at Palo Alto-based enterprise software maker Tibco, according to reports from Reuters yesterday, including Vista Equity Partners and Thoma Bravo. The publicly held company has been looking for buyers since earlier this year. It's unclear how close to a deal any of those companies might be to buying Tibco. The negotiations apparently value Tibco at around $3 billion.