August 31, 2011 – TIBCO Software Inc. announced a deal to buy Nimbus Partners, a privately held provider of business process discovery, analysis and collaboration applications. Financial details of the proposed deal were not disclosed.
Centered on infrastructure for the automation of data, systems and processes, TIBCO stated that the deal would expand its event-enabled software platform to provide a process-focused guide of linked data and systems across an enterprise, according to a news release.
"Nimbus extends TIBCO's range of business process improvement solutions and deepens our abilities in process discovery and governance, social collaboration, and analytics," said Murray Rode, TIBCO Chief Operating Officer.
U.K.-based Nimbus was founded in 1997 and has approximately 100 employees, according to its site.
Clay Richardson, Forrester Research analyst and Information Management blogger, said the deal will enable TIBCO to extend Nimbus’ process discovery across its social event streamlining platform, as well as support its offerings surrounding unstructured data and connections between process data relationships. Ultimately, the deal is a response to industry calls on the business side for more collaboration and control of business process suites, Richardson wrote.
“In many ways, this deal is a nod to the ‘Empowered BT’ trend, where more technical capability is being moved into the business. For vendors like TIBCO, this means building or buying functionality that puts business stakeholders in the driver’s seat,” Richardson said.
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