Credit: Tibco
Tibco Software is to buy French data management company Orchestra Networks in an effort to boost its digital-business platform Connected Intelligence.
The US-based API management and analytics specialist has not disclosed the cost of the purchase, but sources have put it at the low hundreds of millions of dollars, according to Reuters.
Based in France, Orchestra Networks provides master data management (MDM) solutions and data asset management through its flagship product EBX.
“Orchestra Networks will allow Tibco to address our customers’ simple and complex master data and data asset management needs quickly and easily,” said Tibco COO Matt Quinn.
“EBX, an industry-leading master data management solution, will be further amplified as part of the Tibco Connected Intelligence Cloud.
“EBX customers will gain instant access to our leading integration and analytics capabilities for their data assets. Orchestra Networks brings an exceptional team that, with Tibco, will continue to support their customers and partners.”
Tibco has been privately owned by Vista Equity Partners since 2014 when the equity firm bought the company for $US4.3 billion.
In Australia and New Zealand, Tibco was until recently led by John Kearney, who quietly moved on from the company to join Deputy in September.
He has since been replaced by Andrew Mellor, the former A/NZ sales director at Netsuite.
Orchestra Networks operates in Australia through the distributor Ascension and is partnered locally with Altis Consulting, RXP Services and ECI Integrators.
The company's customers include the Northern Territories Government and the National Centre for Vocational Education Research.
“Strengthened by Tibco, EBX will provide shared data assets for integration and analytics to empower better decisions and faster, smarter actions,” said Christophe Barriolade, company co-founder and CEO.
“Tibco will help Orchestra Networks to market and support its leading data asset management software on a larger, more global scale while offering complementary API-led integration and AI-driven analytics capabilities to our customers.”
