TIBCO Acquires Jaspersoft

TIBCO Software recently acquired Jaspersoft Corporation, a privately held provider of embedded business intelligence (BI) and reporting software, for approximately $185 million. Jaspersoft's commercial open source business model and embedded BI suite allows application developers to embed interactive reports, dashboards, and analytics into their applications, so as to gain insight from multiple data sources. A development community of more than 400,000 registered members regularly participates in Jaspersoft's open source BI projects.
Jaspersoft competes to an extent with Spotfire rival Tableau, whose data visualization/analytics platform has embedded capabilities (and has been competing well lately with traditional BI vendors such as IBM Cognos, Oracle, and SAP).
TIBCO argues that Jaspersoft's offerings complement the TIBCO Spotfire BI platform, which is more focused on advanced standalone data discovery and analytics. Like SAP HANA, Tableau, or Oracle Endeca, TIBCO Spotfire lends itself well to solving complex data discovery and analytics problem that has an understandable visual output, which limits its market opportunity, and many prospects might balk at the price tag.
The Jaspersoft acquisition enables TIBCO's expansion into embedded BI and reporting, giving TIBCO a broader portfolio to address these fast-growing segments of the BI market. The current Jaspersoft management team and employees will reportedly continue to pursue the Jaspersoft commercial open source strategy, product roadmap, and subscription-pricing approach within TIBCO.
Given Red Hat’s apparent gap in its own BI capabilities, many might wonder why Red Hat has let its fellow open source partner Jaspersoft join a competitor’s fold. Is it possible that Red Hat may not have known that this company was in play? Or perhaps the open source giant has some other ideas?
comments powered by Disqus