TIBCO Software

TIBCO Software Inc. is an American company that provides integration, analytics and events processing software for companies to use on-premises or as part of cloud computing environments. The software manages information, decisions, processes and applications for over 10,000 customers.

It has headquarters in Palo Alto, California, and offices in North America, Europe, Asia, the Middle East, Africa and South America.

Clients include AirFrance/KLM, Conway, ING, Marks and Spencer, Nielsen, Shell, University of Chicago Medicine, Western Union

The company's major commercial competitors are IBM and Oracle Corporation.

History

Beginnings

In 1985, Teknekron Corporation, a technology incubator, provided $250,000 in seed capital to Vivek Ranadivé. In 1986 Teknekron Software Systems was founded, and in 1987, spun off into an independent company. The company's principal innovation was a software product known as the Teknekron Information Bus (abbreviated as TIB), which transfers vital data between software programs.