Ranadive’s Software Company, Tibco, Sold For $4.3 Billion

Vivek Ranadive has spent the past year breathing new life into the Sacramento Kings, helping the tired franchise boost ticket sales and corporate sponsorships. His software company in Palo Alto hasn’t fared as well. Capping nearly two years of disappointing financial results and a decline in its stock price, Tibco Software Inc.

 

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