Vista Equity Set To Acquire Tibco Software Inc. For $4.3 Billion

Mani

Published onSeptember 29, 2014

Updated on May 13, 2021

Tibco Software Inc. (NASDAQ:TIBX) announced on Monday, September 29th that it has agreed to be bought by private equity firm Vista Equity Partners in a deal valued at $4.3 billion, marking the largest buyout in the technology industry this year.

The deal was unanimously approved by Tibco’s board of directors, though it still requires approval from Tibco shareholders.

Tibco – Vista Equity deal at $24 per share

In a statement unveiled today, Tibco Software Inc. (NASDAQ:TIBX) announced that it has entered into a definitive agreement to be acquired by the leading private equity firm, Vista Equity Partners. The agreement involves assumption of net debt.

The terms of the deal...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Vista Equity Set To Acquire Tibco Software Inc. For $4.3 Billion

Tibco – Vista Equity deal at $24 per share

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