Middleware Market Gets Smaller: Tibco and Talarian Tie the Knot
MIDDLEWARE AND EAI
PALO ALTO and LOS ALTOS, Calif.--The middleware market continued to shrink as Tibco Software acquired Talarian in a stock and cash transaction valued at $115 million. It is expected that the merger will close in the second quarter.
The move affords Tibco access to Talarian’s 300 customers, including big names in financial services such as the American and New York stock exchanges (TTW, June 25). The companies share approximately 30 to 40 customers.
And Talarian is relieved from playing the role
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