Tibco Software buys Jaspersoft for $ 185 million

Specialist outsourcing, managed services and SOA, Tibco Software buys Jaspersoft services , a publisher of open source BI tools. They allow developers to ship within existing applications reports, dashboards and analytical data of multiple bedrooms data sources. Especially, Tibco ensures a solution that can be offered as SaaS or on site.

"The use of analytical tools and business intelligence has grown rapidly in recent years," Tibco is justified in a statement. It states that, combined with the skills of its Spotfire tools, the scope of its offerings to answer two main markets of BI, namely the integration of analytical data in trades and reporting applications.

 In addition, TIBCO believes that the open source business model Jaspersoft will be complementary to its own more traditional and will be maintained in the state. "We live in an era where consumer IT models is varied, the cloud model is permitted to hybrids applications. Cloud tool Jaspersoft will complement our SaaS BI service in Tibco Spotfire Cloud, "said Matt Quinn, CTO of TIBCO.

Jaspersoft Announces16 million downloaded software in the world, including more than 140,000 in production and 2,000 customers in hundreds of countries. It also has a community that believes more than 400,000 regular members.