Tuesday, 29 April 2014 17:13

Tibco soaks up Jaspersoft

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Software provider Tibco has acquired business intelligence and reporting specialist Jaspersoft.

A US$185 million deal has seen the acquisition of Jaspersoft by Tibco.

Developers can embed Jaspersoft's BI software into their own products to provide reports, dashboards and analytics. It is offered as a service on Amazon Web Service.

Tibco officials said the commercial open source model, product roadmap and subscription-based pricing used by Jaspersoft will continue.

The Jaspersoft BI software has been downloaded nearly 16 million times, and there are more than 140,000 production deployments around the world, company officials stated.

"The continuation of Jaspersoft's open source mission, business model, technology, market presence, and brand - now as part of Tibco - will allow us to deliver an even better business analytics toolset for the largest customer audience. We look forward to this next step in our journey," said Jaspersoft CEO Brian Gentile.

Tibco COO Murray Rode said "Tibco's broader business strategy is to continue to expand our go-to-market model with a wider range of pricing, packaging and deployment options.

"The acquisition of Jaspersoft accelerates this strategy as it brings a subscription pricing approach for its commercial products along with a set of open source offerings."

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Stephen Withers

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Stephen Withers is one of Australia¹s most experienced IT journalists, having begun his career in the days of 8-bit 'microcomputers'. He covers the gamut from gadgets to enterprise systems. In previous lives he has been an academic, a systems programmer, an IT support manager, and an online services manager. Stephen holds an honours degree in Management Sciences and a PhD in Industrial and Business Studies.

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