TIBCO Software has bought Jaspersoft Corporation, effective immediately.
Jaspersoft is now a product group within TIBCO and the name will continue in this form. TIBCO's Spotfire product line provides visual analytics and data discovery capabilities while Jaspersoft offers embeddable reporting and analytics, being strongest in the mid-market BI (both on-premises and in the cloud).
Tibco expects that our combination of strengths can build a diverse product portfolio in BI, able to support a wide set of analytics use cases. During the next few weeks and months, Jaspersoft will convert some of its systems and processes over to TIBCO.
All subscription software licence and services agreements, customer support, outstanding price quotes and current pricing model are unchanged. Jaspersoft's product team continues to execute on its current product roadmap, working on a new release coming soon.