Tibco buys Talarian in messaging deal
LOOKING TO EXTEND its messaging platform for business integration, Tibco has entered into an agreement to acquire infrastructure software provider Talarian, in a stock and cash transaction valued at approximately $115 million, the two companies announced on Saturday. Tibco, which provides messaging software to support real-time data flows and high transaction volumes, intends to extend its offerings with Talarian’s technology, which includes the SmartSockets product line. SmartSockets combines publish-and-subscribe, multicast, and message-queuing.
