TIBCO Software Company History Timeline

1997

TIBCO Software Inc. was founded in 1997.

Later in 1997, the company became one of 13 of Microsoft's partners in push technology, which delivers internet content to users for free through web browsers.

1999

The company's initial public offering IPO of stock was made in July 1999 with a range value of 9 to 11.

2000

In its first day of trading, the company's stock doubled, from 17.38 to 32.38 per share and in early 2000, the company's value went from 22.75 to 244.88 per share, its record high at the time.

In 2000, Yahoo introduced Corporate Yahoo, a platform developed using TIBCO Software that allowed companies to develop customized communications between computers.

2001

The company survived the dot-com bubble burst and was listed among USA Today's e-Consumer and e-Business index of 50 technology companies that remained relevant in 2001 following the boom.

During the first and second quarters of 2001, the firm's market capitalization approached 2 billion.

2002

In 2002, Verity, Inc., an American business portal infrastructure software provider, announced an expanded alliance with the company to integrate Verity K2 Developer technology with TIBCO ActivePortal 4.0 to better meet the needs of their customers.

2003

In 2003, British mobile operator Vodafone and Indian mobile provider Reliance Communications began using the firm's software, and Delta Air Lines used TIBCO software to organize its operation systems, including baggage handling, ticketing and check-in.

2007

Since its release in 2007, Apple Inc.'s iPhone has used TIBCO software to process user requests and facilitate sales.

2011

By 2011, the company's annual revenues had grown to 920 million, its customer base to 4,000, and its number of employees to 2,500.

2014

In September 2014, TIBCO revealed it was being bought out by private equity firm Vista Equity Partners for 4.3 billion.

Founded
1997
Company Founded
Headquarters
Palo Alto, CA
Company Headquarter

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