Tibco acquires master data management firm Orchestra Networks
Orchestra Networks will add flexible MDM to the Tibco portfolio.
Tibco, the software infrastruture firm that came to prominence in the 1990s with its enterprise service bus, has purchased Orchestra Networks a master data management (MDM) and data asset management provider.
Orchestra Networks main solution is EBX which the company claims adds agility and flexibility to the business of managing master data and other assets, with applications generated on the fly and fully configurable. Its capabilities include data stewardship, workflow, data quality and data integration are built in.
Tibco says the acquisition will extend the capabilities of its cloud based Connected Intelligence platform, including Tibco Data Virtualization and Tibco MDM, with "trusted shared data assets for critical operational and analytics processes that drive innovation and transformation."
Chief operating officer Matt Quinn said: "This is a very important acquisition for us, supporting our mission to create the world's leading platform for digital business. Orchestra Networks will allow Tibco to address our customers' simple and complex master data and data asset management needs quickly and easily."
Existing EBX customers will be able to plug into Tibco's infrastructure straight away through APIs, and Tibco says it will continue to support existing customers and partners.
Orchestra Networks' co-founder and CEO Christophe Barriolade said Tibco's integration capabilities, API expertise and analytics capabilities are a good fit. The acquisition will help Orchestra Networks to market and support its software on a larger scale,he added.
"Strengthened by Tibco, EBX will provide shared data assets for integration and analytics to empower better decisions and faster, smarter actions."
Tibco has been expanding outwards from its early roots, taking on big data and analytics capabilities and moving into the IoT and edge computing space largely through a process of acquisition.
Recent purchases include predictive analytics firm Alpine Data Labs, integration specialist Scribe software, virtualisation software provider Composite software, microservices software company Nanoscale.io and API startup Mashery.