Wednesday, October 5, 2011

Tibco Software Spikes On Takeover Speculation

Shares of Tibco Software, Inc. (NASDAQ: TIBX) rose more than 2% on Thursday on speculation that the company could be a takeover target. Tibco Software Inc. provides middleware and infrastructure software worldwide. The company’s standards-based software offerings enable customers to create configurable applications from software infrastructure and deliver real-time insights.

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