Jaspersoft | TIBCO Software | Acquisition

Jaspersoft taken over by TIBCO Software

Written by

Passionned Group is a leading analyst and consultancy firm specialized in Business Analytics and Business Intelligence. Our passionate advisors assist many organizations in selecting the best Business Analytics Software and applications. Every two years we organize the election of the smartest company.

Provider of embedded business intelligence and reporting software Jaspersoft Corporation has been bought by TIBCO Software.

The continuation of Jaspersoft’s open source mission is not yet clear

Jaspersoft taken over by TIBCO Software

TIBCO is a global supplier of infrastructure and business intelligence software. The combination of the two companies’ offerings allow TIBCO to cover the whole of the analytics market while providing value to the combined set of customers and prospects. The continuation of Jaspersoft’s open source mission is not yet clear.

TIBCO paid approximately $185 million for the company

The commercial open source business model and embedded business intelligence suite of Jaspersoft allows application developers to embed highly interactive reports, dashboards and analytics into their applications. These tools give customers the ability to gain insight from multiple data sources and ultimately make better decisions. TIBCO paid approximately $185 million for the company, because they’ve noticed a huge increase in the demand for of business intelligence and analytics tools.

The acquisition of Jaspersoft accelerates the strategy of TIBCO

Murray Rode, COO at TIBCO explains that their business strategy is to continue to expand their market model with a wider range of pricing, packaging and deployment options. The acquisition of Jaspersoft accelerates this strategy, he thinks, as it brings a subscription pricing approach for its commercial products along with a set of open source offerings. The Jaspersoft utility cloud service complements TIBCO’s SaaS BI Service Spotfire Cloud.

16 million product downloads

The acquired Jaspersoft software has nearly 16 million product downloads worldwide, more than 140,000 production deployments of its software and 2,000 commercial customers in 100 countries. A development community of more than 400,000 registered members regularly participates in its open source BI projects.

The Business Intelligence Tools Survey (Jaspersoft review included)

Additional and more up-to-date information on the Jaspersoft’s offering is available in our Business Intelligence Tools Survey 2019.

Comment on this post by Daan van Beek

Your email address will not be published. Required fields are marked *

A selection of our customers

Become a customer with us now

Do you also want to become a customer of ours? We are happy to help you with jaspersoft (tibco software) or other things that will make you smarter.

Daan van Beek, Managing Director

DAAN VAN BEEK MSc

Managing Director

contact me directly

Fact sheet

Number of organizations serviced
4301
Number of training courses
4302
Number of participants trained
4303
Overall customer rating
8.9
Number of consultants & teachers
4304
Number of offices
3
Number of years active
14