IBI acquired by TIBCO for advancing data analytics

IBI acquired by TIBCO for advancing data analytics

 TIBCO formally announced the acquisition of Information Builders Inc. The company specializes in providing data integration and analytics tools. It’s services include a suite of WebFocus business intelligence (BI) tools relevant to legacy IBM platforms. IBI also has a range of connectors that are widely deployed to transfer and share data between heterogeneous enterprise applications.

TIBCO is known for providing data integration tools built on an event-based architecture along with Spotfire analytics software. The acquisition was initially announced in the fall of 2020, but the deal was formally closed now, and the work related to the integration of the companies will be initiated now.

Source: venturebeat

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