Software, acquisitions, deals

TIBCO Software Scoops Up Insightful for $25M

Gregory T. Huang 6/19/08

Insightful, a Seattle-based provider of statistical analysis and data-mining software, announced today that it has agreed to be acquired by TIBCO Software, a business-infrastructure software firm based in California. The deal is worth some $25 million, and Insightful will become a wholly-owned subsidiary of TIBCO.