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.

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

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.

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