Analytics Users to Benefit from Improved Data Agility, Enhanced Scalability, and Better Business Insights
TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced it has entered into an agreement to acquire Cisco’s Data Virtualization business (formerly Composite Software), specifically Cisco Information Server, a market-leading solution that powers enterprise-scale data virtualization, and associated consulting and support services. This strategic move strengthens TIBCO’s portfolio of analytics products, allowing businesses to get analytic solutions into production faster than alternatives, while continuing to adapt as data sources change from traditional databases and big data sources to cloud and IoT. The transaction remains subject to customary conditions and is expected to close in the coming weeks.
Data Virtualization helps knowledge workers to quickly discover and access their own views of corporate data in an automated, intelligent way. The Cisco technology can access a large, diverse, and complex set of enterprise data stores and create a “virtual” data layer for analytics without disturbing the source data. All this is done without extracting data via ETL in a separate data warehouse.
Read the entire announcement here: TIBCO Acquires Data Virtualization Business from Cisco