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TIBCO to buy data management firm Orchestra Networks - sources

Reuters 

By Carl O'Donnell and Liana B. Baker(Reuters) - TIBCO Software Inc, a large privately-held business software provider, is acquiring French data management company Orchestra Networks in a move that will bolster its ability to help clients organize customer data, according to sources familiar with the matter. The deal, which could be announced as soon as Tuesday, values Orchestra in the low hundreds of millions of dollars, the sources added.TIBCO declined to comment and Orchestra could not be reached for comment. Palo Alto, California-based TIBCO was taken private by software-focused buyout ...

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First Published: Tue, December 04 2018. 11:44 IST
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