TIBCO Software Acquires Maporama Solutions
PALO ALTO, CA -- (Marketwire) -- 03/25/13 -- TIBCO Software Inc.
(NASDAQ: TIBX) today announced it has acquired Maporama Solutions, a
privately-held, cloud-based provider of location intelligence and
geospatial analytics solutions. Maporama Solutions enables
enterprises to compress decision-making cycles, optimize resource
allocation, and match supply with demand within the context of
location. Financial details of the transaction were not disclosed.
Maporama provides a powerful complement to TIBCO Spotfire(R) as well
as TIBCO's event-enabled infrastructure, cloud, loyalty, and social
software platform products.
"By combining Maporama's digital mapping and geospatial capabilities
with Spotfire's market-leading analytics and data discovery platform,
we will increase the value we provide to our customers, enabling them
to solve new location-based business problems and make more informed
decisions," said Lars Bauerle, VP Spotfire Product Strategy. "With
80% of business data having a location component, wide global
adoption of mobile devices, and an increasing need for real-time
information, enterprises are seizing new opportunities around
customer loyalty, transportation, and supply chain efficiency. We are
excited about these powerful geospatial capabilities and look forward
to providing enhanced enterprise-class solutions to our customers."
TIBCO Software Inc. (NASDAQ: TIBX) is a provider of
infrastructure software for companies to use on-premise or as part of
cloud computing environments. Whether it's optimizing claims,
processing trades, cross-selling products based on real-time customer
behavior, or averting a crisis before it happens, TIBCO provides
companies the two-second advantage(R) -- the ability to capture the
right information at the right time and act on it preemptively for a
competitive advantage. More than 4,000 customers worldwide rely on
TIBCO to manage information, decisions, processes and applications in
real time. Learn more at www.tibco.com.
TIBCO, two-second advantage, Spotfire, and TIBCO Software are
trademarks or registered trademarks of TIBCO Software Inc. or its
subsidiaries in the United States and/or other countries. All other
product and company names and marks mentioned in this document are
the property of their respective owners and are mentioned for
identification purposes only.
About Maporama Solutions
Maporama Solutions combines the strengths
of geographic information and business intelligence to add value to
enterprise data, assist decision making, optimize resource allocation
and match supply with demand in the context of location. With more
than 12 years of experience and a customer portfolio of more than 100
international clients, Maporama occupies a unique position among
Location Intelligence specialists, focusing on the "geovisualization"
of business data.
TIBCO Software Inc.
Investor Relations Contact:
TIBCO Software Inc.
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