TIBCO Software acquires Maporama Solutions

Palo Alto, California, 25 Mar 2013

TIBCO Software (NASDAQ: TIBX) today announced it has acquired Maporama Solutions, a privately-held, cloud-based provider of location intelligence and geospatial analytics solutions.

Maporama Solutions enables enterprises to compress decision-making cycles, optimise resource allocation, and match supply with demand within the context of location. Financial details of the transaction were not disclosed.

Maporama provides a powerful complement to TIBCO Spotfire as well as TIBCO's event-enabled infrastructure, cloud, loyalty, and social software platform products.

"By combining Maporama's digital mapping and geospatial capabilities with Spotfire's market-leading analytics and data discovery platform, we will increase the value we provide to our customers, enabling them to solve new location-based business problems and make more informed decisions," said Lars Bauerle, VP Spotfire Product Strategy.

"With 80% of business data having a location component, wide global adoption of mobile devices, and an increasing need for real-time information, enterprises are seizing new opportunities around customer loyalty, transportation, and supply chain efficiency. We are excited about these powerful geospatial capabilities and look forward to providing enhanced enterprise-class solutions to our customers."

Maporama Solutions

Maporama Solutions combines the strengths of geographic information and business intelligence to add value to enterprise data, assist decision-making, optimise resource allocation and match supply with demand in the context of location. With more than 12 years of experience and a customer portfolio of more than 100 international clients, Maporama occupies a unique position among location intelligence specialists, focusing on the "geovisualisation" of business data.

TIBCO

TIBCO Software (NASDAQ: TIBX) is a provider of infrastructure software for companies to use on-premises or as part of cloud computing environments. Whether it's optimising claims, processing trades, cross-selling products based on real-time customer behaviour, or averting a crisis before it happens, TIBCO provides companies the two-second advantage - the ability to capture the right information at the right time and act on it pre-emptively for a competitive advantage. More than 4 000 customers worldwide rely on TIBCO to manage information, decisions, processes and applications in real-time. Learn more at www.tibco.com.

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