TIBCO Software has entered into an agreement to acquire Information Builders(ibi), a leading data and analytics software company.
ibi has a rich product portfolio and trusted data-driven solutions that are at the core of digital transformation. Its comprehensive set of data management and analytics capabilities will augment TIBCO’s Connected Intelligence platform to more deeply address customers’ end-to-end needs.
ibi helps organisations manage complex and disconnected data so they can build, embed, and automate intelligence in everything they do. With a shared focus on customer excellence and innovation, TIBCO and ibi will partner with customers to transform their business and drive sustainable innovation.
ibi’s leading data quality, preparation, and integration products will support the TIBCO Any Data Hub and Responsive Application Mesh strategies. In addition, TIBCO’s Hyperconverged Analytics strategy will be enriched with the infusion of ibi’s leading analytics solution, WebFOCUS.
Dan Streetman, CEO, TIBCO
Data-driven insight is more critical than ever. With the acquisition of ibi, we gain access to a broader set of analytics and technology, greatly enhancing our ability to help the world’s leading organisations solve their most complex data problems.
