Cloud-based infrastructure company TIBCO Software has acquired Jaspersoft, a provider of embedded business intelligence (BI), reporting and analytics software for enterprise and SaaS application developers.
TIBCO’s Jaspersoft deal is worth approximately US$185 million. It augments the company’s BI portfolio and TIBCO Spotfire platform, which already holds acquisitions of other BI and analytics companies such as Spotfire, Extended Results and StreamBase Systems.
Jaspersoft’s BI suite allows developers to embed interactive reports, dashboards and analytics into applications. The company’s software has nearly 16 million product downloads worldwide, more than 140,000 production deployments, and an open-source development community of more than 400,000 registered members.
For more information, read the official press release.