Tibco Going Private; Software M&A Pace Picks Up

By | September 29, 2014

Scalper1 News

Tibco Software (TIBX) is taking a boatload of cash to leave the public market. The maker of software designed to help with business intelligence, data analytics and infrastructure said early Monday that it has agreed to be acquired by Vista Equity Partners for $4.3 billion, or 24 a share. That’s 23% above Tibco stock’s Friday closing price of 19.51. But as recently as January, Tibco traded above 24. Tibco stock hit its post-bubble high of 34 in Scalper1 News

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