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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s