Tibco Software IPO Is Under Review, Says Reuters; No Decisions Just Yet
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PALO ALTO, CALIFORNIA--Reuters is thinking about an IPO for the Tibco Software half of its subsidiary and former rival Tibco, the Palo-Alto, California-based maker of The Information Bus (TIB) digital data distribution platform, according to media reports.
In addition, papers filed by Reuters with the US government point to possible future activity.
Recent reports say Reuters is considering an IPO of Tibco Software for an estimated $1.5 billion and Reuters may be in contact with Goldman Sachs to
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