23 July 2017
Download the paper now.

Tibco acquires transaction automation firm Foresight

11 January 2010  |  6920 views  |  0 Source: Tibco Software

TIBCO Software Inc. (NASDAQ: TIBX) today announced that it has acquired privately-held Foresight Corporation, a leading provider of transaction automation solutions and EDI productivity tools. Financial details of the transaction were not disclosed.

Based in Columbus, Ohio, Foresight has over 400 customers including healthcare payers representing 60 million lives and BlueCross BlueShield organizations in 31 states. Foresight's products benefit customers by connecting partners and validating transactions, reducing administrative inefficiencies, and addressing mandates such as HIPAA 5010. Foresight also brings TIBCO deep expertise in the healthcare and EDI markets, where its ability to support and validate transactions across a range of standards will complement TIBCO's core B2B abilities.

Foresight's Founder and CEO, Robert Fisher, will join the TIBCO management team and continue to lead the growth and development of the Foresight business.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ncr.comvisit vasco.com/news/PSD2-compliant-solutionsvisit www.finastra.com

Top topics

Most viewed Most shared
German fintech factory FinLeap raises EUR39 millionGerman fintech factory FinLeap raises EUR3...
13689 views comments | 19 tweets | 15 linkedin
Mastercard to buy AI outfit BrighterionMastercard to buy AI outfit Brighterion
9912 views comments | 14 tweets | 20 linkedin
Barclays rides payments-as-a-service wave with investment in Form3Barclays rides payments-as-a-service wave...
8869 views comments | 16 tweets | 12 linkedin
hands typing furiouslyThe Digital Trade Chain: the blockchain tr...
8386 views 0 | 8 tweets | 16 linkedin
Mastercard and Scotiabank join Enterprise Ethereum AllianceMastercard and Scotiabank join Enterprise...
7420 views comments | 25 tweets | 16 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job