Buyer completes Spotfire acquisition
June 6, 2007 01:34 PM
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Tibco Software Inc., a maker of business integration software, today said it has completed its $195 million acquisition of privately held Spotfire Holdings Inc., of Somerville.
Spotfire, which develops business intelligence software and has more than 200 employees, will operate as a division of Palo Alto, Calif.-based Tibco.
Spotfire has more than 800 customers, including Chevron Corp., Merck & Co., Pfizer Inc., Shell Oil Co., and Texas Instruments Inc.
(AP)
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