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Management & Strategy

TIBCO Completes $130 Million Acquisition of LogLogic

It’s a done deal. TIBCO Software, a publicly traded (NASDAQ: TIBX) provider of infrastructure software solutions, today said that it has completed the acquisition of San Jose California-based LogLogic, a provider of and log management and security intelligence solutions.

It’s a done deal. TIBCO Software, a publicly traded (NASDAQ: TIBX) provider of infrastructure software solutions, today said that it has completed the acquisition of San Jose California-based LogLogic, a provider of and log management and security intelligence solutions.

The planned acquisition was first announced on April 4, 2012, and just over a week later the transaction has closed. The terms of the transaction were previously undisclosed, but TIBCO today said that the consideration paid to acquire LogLogic was approximately $130 million.

The company said that it would provide additional details on LogLogic’s product integration with other key elements of TIBCO’s event-driven software platform at a later date.

Written By

For more than 10 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.

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