Tibco acquires Talarian

Snapped it up in a January sale...
Written by Julian Goldsmith, Contributor

Snapped it up in a January sale...

Software interoperability specialist Tibco is to acquire real time messaging business Talarian for $115m. The deal also migrates Talarian's 300 existing customers in the financial services, telecoms and aerospace sectors. Though the deal will improve Tibco's product set and increase its customer base, it will impact heavily on the company's quarterly results. The company has consistently raised its revenues in the last two quarters, but failed to translate that into an increase in profits, taking big hits in one-time charges.
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