Live data from Hacker News

Citrix acquired and merged with Tibco for $16.5B

cloud.com

181–190 of 191 posts

Re: Citrix acquired and merged with Tibco for $16.5B

#181
What does TIBCO do? Well, I know their product WebFocus, curious if anyone else here uses it. It's basically an online platform for making charts, dashboards, scheduling data extracts for clients, etc. I'm in the healthcare domain, we use WebFocus to power a bunch of clinicians' products.

I will say, I think the product's technical underpinning is not ideal. Instead of just using SQL, they have a proprietary language built in which has similarities to SQL but is much less easy to read and use. For instance a lot is stored in Metadata tables that are many clicks away from the report they're referencing. Also, there are a few cryptic keywords and things specific to WebFocus, which is obviously not that widely used and doesn't have many S.O. posts about it. So you're left staring at some various mysterious keywords or specific-syntax and thinking, do I learn anything more about this than what I need to, since this product is probably not going to last and will end up in the dust-bin like many other proprietary products. And it's just not a very employable skill like SQL.

Overall, I don't like WebFocus, I think Tableau must be a couple notches better. But hey, my org is under-staffed and we don't have the manpower to change systems, so we're stuck with this.

Re: Citrix acquired and merged with Tibco for $16.5B

#182
post #35

Earlier quoted context omitted.

I've heard of the name, I kind of just assumed they made orange juice. Tibco is that British supermarket? Kinda makes sense. Oh well, on with my day.

> Tibco is that British supermarket? I'm not British, so it also took me a while to realize that Tibco wasn't Tesco.

Tesco is a Tibco customer.

https://www.tibco.com/blog/2019/11/06/tesco-bank-and-postnl-...

Re: Citrix acquired and merged with Tibco for $16.5B

#183

Earlier quoted context omitted.

> "[Company I've never heard of] and [Another company I've never heard of], I'm going to guess you're under 30? Amongst the many things Tibco sold was Rendezvous, which was extremely popular in the banks for running trading systems back in... the 90s and early 00s. Then of course, multi-core chips came along and sending messages to other processes on single cores over the network, versus, other processes in the same…

I worked with Tibco's message queue back in the 00's somewhere...but to be honest I though they had gone under. Citrix should be more well known, but if you've never worked in a Windows environment then perhaps not.

JMS righ?

Re: Citrix acquired and merged with Tibco for $16.5B

#184

I just find it fascinating that I can go through my life and see things like this: "[Company I've never heard of] and [Another company I've never heard of], something something, billions and billions of dollars". And these companies and the people who run them probably have a non-trivial impact on my life, if not directly than indirectly. It's just fascinating.

> "[Company I've never heard of] and [Another company I've never heard of], I'm going to guess you're under 30? Amongst the many things Tibco sold was Rendezvous, which was extremely popular in the banks for running trading systems back in... the 90s and early 00s. Then of course, multi-core chips came along and sending messages to other processes on single cores over the network, versus, other processes in the same…

The successor to Rendezvous called FTL is optimized for low latency messaging over shared mem/rdma/infiniband etc and even inter-thread within a process. There is some neat distributed systems engineering in systems like FTL if your work depends on that kinda thing (trading, manufacturing, logistics, etc.) For the rest, there is always Pulsar/Kafka/WS/JMS.

https://docs.tibco.com/pub/ftl/4.3.0/doc/html/GUID-C2A32299-...

Re: Citrix acquired and merged with Tibco for $16.5B

#185

Earlier quoted context omitted.

> "[Company I've never heard of] and [Another company I've never heard of], I'm going to guess you're under 30? Amongst the many things Tibco sold was Rendezvous, which was extremely popular in the banks for running trading systems back in... the 90s and early 00s. Then of course, multi-core chips came along and sending messages to other processes on single cores over the network, versus, other processes in the same…

I worked with Tibco's message queue back in the 00's somewhere...but to be honest I though they had gone under. Citrix should be more well known, but if you've never worked in a Windows environment then perhaps not.

Tibco has pulsar, kafka and jms for mainstream streaming & queueing use cases. And FTL for low latency messaging. Not exactly on TechCrunch, but there is a lot of it out there in enterprises.

Citrix also has a major load balancer/“ADC” business - formerly Netscaler. Had to look it up recently for a k8s ingress controller.

Re: Citrix acquired and merged with Tibco for $16.5B

#186
post #120
post #80

Earlier quoted context omitted.

The world is a really big place. For example, when Okta bought Auth0 last year, that was titanic for my employer (we're in their space). But it barely made a ripple to anyone outside of the auth space. People still confuse Auth0 with OAuth when I give talks! I think about it in other ways too. Look around you. Wherever you are, unless you are in the wilderness, there are 1000s of companies that worked to bring the bu…

I find the Auth0 acquisition to be more impressive. Many people (even non-tech) know about Citrix because of Windows. Almost no one outside of tech (and many people inside tech too) knows anything about auth0. Yet, we have a company that was acquired for 6.5 billions of dollars.

If you are into learning more about this, I found this article fascinating: https://strategyofsecurity.com/okta-auth0-q2-2021-results/

It also points to the Okta investor presentations and call transcripts, which are fascinating. The latest one has this tidbit: "It's like there's a customer identity cloud, and that's Auth0, and there's a workforce identity cloud, which is both for employees and for your extended workforce, partners and suppliers and things that are kind of workforce like, and those are the platforms in the product suites we go to market with."

https://investor.okta.com/static-files/b52f68c6-0979-4c49-9e...

Re: Citrix acquired and merged with Tibco for $16.5B

#188
post #60

Background on the deal. TIBCO was acquired by Vista Equity Partners 8 years ago and has been a disaster investment. Growth never picked up despite their investments in product, technology, sales and marketing. As a result, TIBCO was stuck selling better software from acquisitions to their existing customer base. Large cap private equity investors like Thoma Bravo, Silver Lake and Blackstone noticed TIBCO's failures m…

Do you have some dirt on the Infineon - Cypress deal? I am not very confident with how Cypress was doing.

Re: Citrix acquired and merged with Tibco for $16.5B

#189

Aren't Tibco EAI? Why are they buying Citrix?

TIBCO is not buying Citrix. Vista and Elliot bought Citrix and merged it with TIBCO which was owned by Vista.

Ah okay thanks for the clarification. Makes more sense.

Re: Citrix acquired and merged with Tibco for $16.5B

#190
post #161

Earlier quoted context omitted.

Umm. If you file taxes with a computer, you’re using Intuit. If you have a datacenter, it has a good shot of running some VMware. If you run logistics at almost any medium sized or bigger company, you’re using SAP or Oracle. If you have a group of employees that sell things, Salesforce is common. This is the software that literally runs the world. If you’re not familiar with it, then you’re ignorant about how the wor…

Intuit has no relevance if you don’t live in the US

Turbotax sure (includes Canada), but Quickbooks is used globally.
Post reply on HN