Reuters, Tibco Sales Agreement Tests Relationship
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LONDON--The extensive sales agreement between Reuters and Tibco, signed when Tibco floated almost two years ago, has caused some tension between the two companies. Trading Technology Week hears that although most of the strain is now behind them customers are still concerned and confused.
TSI (Tibco Software), Reuters' 44 percent-owned subsidiary which floated nearly two years ago (TTW, May 17, 1999), and Reuters signed a deal when TSI floated, giving Reuters the exclusive right to sell TSI
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