A news report Wednesday that two private equity firms are seriously considering snapping up Tibco Software (TIBX) could have been leaked intentionally to drum up more interest in the troubled enterprise software company. That’s the contention of Steve Koenig, an analyst for Wedbush Securities, in a report late Wednesday after the Reuters story surfaced that Vista Equity Partners and Thoma Bravo are among a small group of private equity firms
While Qlik Technologies (QLIK) posted Q2 earnings late Thursday that soundly beat analyst estimates, that might not be the only reason why its stock was up 12.5% in midday trading in the stock market today. Larger software firms might be looking to acquire the data analytics software company, which is launching products to compete with rivals Tableau Software (DATA), Tibco Software (TIBX) and others, says Daniel Ives, an analyst for FBR Capital
While Qlik Technologies (QLIK) posted Q2 earnings late Thursday that soundly beat analyst estimates, that might not be the only reason why its stock was up 12.5% in midday trading in the stock market today. Larger software firms might be looking to acquire the data analytics software company, which is launching products to compete with rivals Tableau Software (DATA), Tibco Software (TIBX) and others, says Daniel Ives, an analyst for FBR Capital