Tibco CEO Kills Rumors of Acquisition by SAP

The rumors from Germany about SAP taking an acquisitive run at Tibco evidently were nothing more than empty talk.

Last week, Tibco CEO Vivek Ranadive told Reuters, in no uncertain terms, that his company is not looking to be acquired and that he would prefer to see Tibco, which he founded in 1985, remain independent.

Rumors about Tibco being acquired circulate from time to time, and the company’s shares seem to pop every time they make an appearance.


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