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Tibco Software Inc.

August 21, 2011

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Hewlett-Packard considered buying Tibco before pursuing Autonomy Corp., which it agreed to buy last week, said people with knowledge of the matter. HP approached Palo Alto, Calif.-based Tibco this year, indicating it could make a per-share offer in the high $30s, said one of the people. Tibco’s chief executive held out for a higher bid, the person said.