Tibco To Acquire Spotfire

Tibco Software Inc. (Nasdaq: TIBX) has agreed to acquire Spotfire Inc., a Somerville, Mass.-based provider of business intelligence software, for $195 million in cash. Spotfire has raised approximately $40 million in total VC funding since its 1996 inception, from firms like Atlas Venture, InnovationsKapital, DLJ Merchant Banking Partners, In-Q-Tel, Pequot Capital, Quantum Partners, Sprout Group and Soros Private Equity. www.tibco.com www.spotfire.com