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