% | $
Quotes you view appear here for quick access.

TIBCO Software, Inc. Message Board

  • catfish_mmg catfish_mmg May 11, 2013 1:22 PM Flag

    SPLUNK taking market-share from TIBX this is what happens when CEO

    mixes his personal life i.e (pro-basketball) with his responsibilities of being CEO of public company.
    when CEO . puts attention to his personal affairs, and TIBCO market-cap declines 30-40 %. . also
    losing market0share to competitors i.e SPLK

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • whie i mostly agree about what you say @catfish, the splunk being a competitor is not correct imo

      from what i've read from some "visionaries" they seem to believe splunk is in tibco's space - imo they don't have much to do with each other

      probably the only common point is the (unhappy) purchase by tibco of that company (log something ? name eludes me now) that happened to be in the same space as splunk

      otherwise they are like apples and oranges - round but very different

      • 1 Reply to tenmemorylane
      • "TIBCO Closes Acquisition of LogLogic

        PALO ALTO, CA, April 12, 2012 - TIBCO Software Inc. (NASDAQ: TIBX) today announced that it has completed the acquisition of LogLogic, Inc., a privately held company based in San Jose, California, that offers one of the industry's leading scalable log and security management platforms specifically designed for the enterprise and cloud. The acquisition will expand TIBCO's operational intelligence offerings while providing customers the ability to proactively monitor real-time events, assess risks, and address 21st century threats and opportunities often associated with 'Big Data'. Total consideration paid was approximately $130 million.

        "LogLogic unlocks for TIBCO a significant new source of pure IT and system events," said Murray Rode, Chief Operating Officer, TIBCO. "Together with our market-leading offerings in event processing and visual analytics, we see great potential to deliver a unique and even broader range of event-driven enterprise applications for cyber-security, operational risk, compliance, and more."

        Further details on LogLogic's product integration with other key elements of TIBCO's event-driven software platform will be announced at a later date."

        They came with about 1000 customers and some of the purchase price may have been stock, then valued in the very high $20's.

    • @catfish

      I agree. Buying and selling NBA teams is not a small hobby. I'm sure that in itself is almost a full-time job. Is the CEO's passion in software or basketball?

      To your point, in a hot space, a software leader needs to have all attention and passion focused on one area. If you don't your competition executes, innovates and gains market share a lot better. One risk of not being focused like a laser is the inevitability of being Splunk

      No wonder why there are execution issues. Culture starts at the top of the company.