Tibco buys Talarian in messaging deal

news
Jan 7, 20021 min

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.