TIBCO Software Buys DataSynapse for $28 Million
TIBCO Software Inc. (Nasdaq: TIBX) has acquired DataSynapse Inc., a New York-based provider of enterprise grid and cloud computing software. The deal is valued at approximately $28 million in cash. DataSynapse had raised around $46 million in VC funding beginning in 2000, from firms like Bain Capital Ventures, Broadview Capital Partners, Goldman Sachs, Greenhill SAVP, Intel Capital, NeoCarta Ventures, Rare Ventures, Stonehenge Capital, Wand Capital and Wachovia.
28 August 2009•2 mins read
