Free press releases distribution network?

More news: Software
Agency / Source: TIBCO Software, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Vista Equity Partners Completes Acquisition of TIBCO Software - Murray Rode Named Chief Executive Officer - VistaEquityPartners.com / TIBCO.com
Vista Equity Partners Completes Acquisition of TIBCO Software

 

PRZOOM - /newswire/ - Palo Alto, CA, United States, 2014/12/05 - Murray Rode Named Chief Executive Officer - VistaEquityPartners.com / TIBCO.com. NASDAQ: TIBX

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

TIBCO Software, Inc., a global leader in infrastructure and business intelligence software, today announced that it has been acquired by Vista Equity Partners. The transaction, originally announced September 29, 2014, closed Friday, December 5, 2014. TIBCO's shareholders approved the agreement on Wednesday December 3, 2014. Following the transaction, Murray Rode was named the Chief Executive Officer of TIBCO. Vivek Ranadivé will remain a Board Member of TIBCO and will assist the company with strategic projects. TIBCO will continue to operate as TIBCO Software Inc.

"We see tremendous value in TIBCO's ability to empower customers to extract and act on information utilizing TIBCO's fast data platform," said Robert F. Smith, chairman and chief executive officer, Vista Equity Partners. "We understand the added expertise TIBCO can bring to customers and the marketplace, and we're incredibly excited to work with the management team to help TIBCO reach its full potential."

TIBCO also announced the appointment of Murray Rode as new Chief Executive Officer. For more than 15 years, Murray has served in a variety of key leadership roles within TIBCO; most recently he served as the Chief Operating Officer.

"We are very pleased to have this transaction completed. We believe this is the right direction for TIBCO's long-term strategy and will better serve our customers and employees," said Murray Rode, chief executive officer, TIBCO. "I look forward to working with Vista Equity Partners as TIBCO enters its next chapter of innovation, growth and leadership."

"With today's announcement, I will step down as chairman and CEO of TIBCO,” said Vivek Ranadivé. "I firmly believe that taking the company private with a partner like Vista puts TIBCO in the perfect position for its next chapter. After many years as founder, chairman and CEO, I felt the timing was right for me to pursue exciting new opportunities while continuing to serve as a board member. I am so proud of the great team at TIBCO and am excited about our future. Murray has been by my side every step of the way as we built this company, and he will make an excellent CEO."

Vista Equity is a leading private equity firm with over $14 billion in cumulative capital commitments, focused on investments in software, data and technology-enabled service companies. Vista has an extensive track record of successfully completing take-private transactions, including taking five other public companies private in the past three years. The firm helps its companies achieve operational, product and customer service excellence by contributing professional expertise, proven best practices and management techniques.

About Vista Equity Partners
Vista Equity Partners (vistaequitypartners.com), a U.S.-based private equity firm with offices in Austin, Chicago and San Francisco, with over $14 billion in cumulative capital commitments, currently invests in dynamic, successful software, data and technology-based organizations led by world-class management teams with long-term perspective. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies realizing their full potential. Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing.

About TIBCO
TIBCO Software, Inc. (tibco.com) is a global leader in infrastructure and business intelligence software. Whether it's optimizing inventory, cross-selling products, or averting crisis before it happens, TIBCO uniquely delivers the Two-Second Advantage® -- the ability to capture the right information at the right time and act on it preemptively for a competitive advantage. With a broad mix of innovative products and services, TIBCO is the strategic technology partner trusted by businesses around the world.

TIBCO, the TIBCO logo and Two-Second Advantage are trademarks or registered trademarks of TIBCO Software Inc. and/or its subsidiaries in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.

Investor Relations Contact: John Ederer - TIBCO Software, Inc.
P: 650-846-8696 - E: jederer[.]tibco.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: TIBCO Software, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Vista Equity Partners Completes Acquisition of TIBCO Software

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
TIBCO Software, Inc. | Vista Equity Partners
Contact: Leslie Moore - TIBCO.com 
650-846-5025 lmoore[.]tibco.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TIBCO Software, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From TIBCO Software, Inc. / Company Profile


Read Software Most Recent Related Press Releases:

Yellowfin Launches Analytics Industry’s First Virtualized Integrated Data Preparation Module
Comways and Altitude Highlight Flexible Solutions at Belgium Contact Center Congress
IBM Launches New Bluemix Services with GitHub and Slack Integration to Speed App Development in the Cloud
TIBCO Releases TIBCO Mashery Local API Management Solution for Hybrid Gateway Deployments
Gruppo Campari Chooses OpenText Business Network for B2B Growth
Infor Delivers Enhanced Mobile Equipment Solution
Mentor Graphics and SiliconIndia Announce 2016 Leadership Awards for the Embedded/VLSI Industry
Korean Retailer Homeplus Optimizes Store Planning with JDA Category Management
IBM and Pfizer to Accelerate Immuno-oncology Research with Watson for Drug Discovery
The VELUX Group to Drive Smart Product Innovation with Implementation of PTC Windchill Across the Enterprise

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Triggr & Bloom

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today