Tibco goes after real-time Big Data with StreamBase acquisition

Tibco Software has acquired complex event processing vendor StreamBase Systems for an undisclosed sum.

  5 Be the first to comment

Tibco goes after real-time Big Data with StreamBase acquisition

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Tibco sees the acqusition of StreamBase as an opportunity to extend its high performance event processing and real-time analytics software to meet the Big Data demands of capital markets institutions.

With StreamBase, Tibco brings streaming capabilities to its event processing portfolio and strengths in handling rules-driven scenarios, inferencing models, and transactional events. The combined offering will enable Big Data to be processed in real-time, says Tibco, thereby providing an event-based alternative to batch-centric big data architectures.

Matt Quinn, CTO of Tibco Software, comments: "This combination extends our event-processing abilities and provides a terrific opportunity to address a growing number of use cases for data in motion - in financial services and beyond."

Sponsored [Webinar] PREDICT 2025: The Future of AI in the US

Comments: (0)

[Webinar] PREDICT 2025: The Future of AI in the USFinextra Promoted[Webinar] PREDICT 2025: The Future of AI in the US