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October 03, 2015 11:27 PM ET


Company Overview of TIBCO Software Inc.

Company Overview

TIBCO Software Inc. provides infrastructure and business intelligence software worldwide. The company offers products in the areas of integration and core infrastructure; business optimization; and process automation and collaboration. Its integration and core infrastructure product line helps organizations integrate their disparate systems and move towards flexible infrastructure comprising services or discrete data components that can be assembled, orchestrated, and reused; enables the creation, management, and virtualization of heterogeneous services; and provides a unified environment for policy and service management. The company’s business optimization software tracks large volumes of ...

3307 Hillview Avenue

Palo Alto, CA 94304

United States

Founded in 1985

3,856 Employees





Key Executives for TIBCO Software Inc.

Chief Executive Officer
Age: 50
Founder and Chairman
Age: 57
Chief Financial Officer and Executive Vice President
Age: 58
Chief Administrative Officer, Executive Vice President and General Counsel
Age: 54
Chief Technology Officer and Executive Vice President of Products & Technology
Compensation as of Fiscal Year 2015.

TIBCO Software Inc. Key Developments

GlaxoSmithKline Files Lawsuit against Tibco Software Inc for Violating Federal Copyright Law

GlaxoSmithKline filed lawsuit in the federal court in Raleigh against Tibco Software Inc. for violating federal copyright law by selling a custom software package that was allegedly created in partnership with GSK. Tibco Software Inc. has been profiting off a software product the two companies developed together, the rights of which GSK allegedly owns. The software at issue was allegedly designed to use GSK's proprietary information to more effectively monitor certain risks associated with clinical trials. GSK's complaint says the London-based pharmaceutical company hired Tibco to work as a computer consultant in 2010. GSK's North American headquarters is in Research Triangle Park about two years later, the complaint says, the U.S. Food and Drug Administration and the European Medicines Agency began looking for more efficient ways to monitor clinical drug trials. Among the methods considered by the two agencies was to focus on risk-based monitoring (RBM) as opposed to more traditional on-site monitoring of trials. The RBM approach focuses on critical study parameters and relies on a combination of monitoring activities to oversee a study effectively. According to the complaint, GSK began the process of developing a software program that would serve as an RBM tool in 2012. GSK allegedly turned to Tibco to help develop the customized tool, which the complaint says was based on Tibco's Spotfire software product but which also factored in GSK's proprietary information. Throughout 2013, the complaint says, GSK and Tibco worked together closely on developing the customized software, and later that year, Tibco delivered the product to GSK. The complaint alleges the program was developed ‘in conjunction with GSK using GSK designs, specifications and proprietary and confidential information’. GSK allegedly paid Tibco approximately $500,000 under a contract that GSK argues gave it exclusive rights to all intellectual property developed by Tibco based on GSK's confidential information. However, according to the complaint, Tibco soon began selling a product that GSK says was identical in key ways to the custom software the two companies allegedly developed together. GSK's lawsuit accuses Tibco of copyright infringement and of breaching an information technology master services agreement. GSK is seeking a court order barring Tibco from continuing to sell any products that infringe on GSK's alleged intellectual property rights. GSK is also seeking an unspecified amount of monetary damages.

TIBCO Software Inc. Releases TIBCO Jaspersoft® 6.1

TIBCO Software Inc. announced that it has released TIBCO Jaspersoft® 6.1. The updated offering addresses many common challenges when embedding BI inside mobile and SaaS applications with an upgraded iOS® and Android™ application for a faster, more interactive experience for users. Additionally, improvements to the built-in multi-tenancy service help dramatically reduce the complexity and customisations commonly required for embedding BI into SaaS applications. The result is an embeddable BI platform that can reach more users more efficiently. Jaspersoft® 6.1 offers additional improvements to embeddable BI platform, including an enhanced designer for interactive dashboards, along with upgraded integration of the TIBCO® GeoAnalytics product's capabilities for advanced mapping inside Jaspersoft reports.

TIBCO Software Inc. Launches TIBCO BusinessEvents 5.2

TIBCO Software Inc. launched TIBCO BusinessEvents 5.2, a key component of TIBCO's Fast Data platform. TIBCO's enhanced solution drives business agility by enabling organizations to quickly build distributed event-driven applications for real-time operational decision-making and action. TIBCO BusinessEvents 5.2 allows customers to build a rule-based, model-driven platform or application to collect, filter, correlate, and analyze events, leveraging a distributed rules engine to combine thousands of rules into actual processes. By detecting patterns within the real-time flow of events, TIBCO BusinessEvents can help an organization identify the critical business moments to capitalize on opportunities or minimize threats. Publishing business-critical information to enterprise systems, or dashboards in real time, enables users to visually see and understand what's happening in the moment and facilitate proactive decision-making and instant action. New usability features are aimed at both IT developers and domain experts, and facilitate better collaboration. Newer, More Open Ecosystem - Creating a unique algorithm to help run business decisions can provide tremendous value for other solutions and partners to leverage within their own companies. TIBCO BusinessEvents 5.2 contains a rich set of APIs so the customers can build UIs on their own, in a language their business understands, for easier rule modification. The platform can be embedded within applications to expose broader functionality, helping companies extract more value out of the same developer work and algorithms. Enterprise-Class Platform for Fast Data - Data grid security is a critical requirement for enterprises that are moving toward digitalization. Version 5.2 enhances the ability to share real-time state and contextual data on common infrastructure platforms using data encryption and client authentication. With significantly improved security and authentication capabilities, TIBCO BusinessEvents also enables an external TIBCO ActiveSpaces(r) in-memory data grid, improved reliability of fault tolerance, and functionality to connect directly to TIBCO FTL. TIBCO BusinessEvents 5.2 is generally available now.

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