TIBCO Software Acquires Maporama Solutions

TIBCO Software Inc. (NASDAQ: TIBX) today announced it has acquired Maporama Solutions, a privately-held, cloud-based provider of location intelligence and geospatial analytics solutions. Maporama Solutions enables enterprises to compress decision-making cycles, optimize resource allocation, and match supply with demand within the context of location. Financial details of the transaction were not disclosed.
Maporama provides a powerful complement to TIBCO Spotfire® as well as TIBCO's event-enabled infrastructure, cloud, loyalty, and social software platform products.