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Vista Equity-backed TIBCO buys in-memory data platform SnappyData

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Vista Equity-backed TIBCO buys in-memory data platform SnappyData

TIBCO Software Inc., a portfolio company of Vista Equity Partners LLC, purchased SnappyData Inc.

TIBCO provides integration, API management and analytics, and is behind the TIBCO Connected Intelligence Cloud platform.

SnappyData is an in-memory data platform offering a unified programming model for streaming, transactions, machine learning and SQL Analytics.

The acquisition will augment TIBCO's offerings, including visual analytics, data science, streaming analytics and data operations.