Digital Energy Journal- TIBCO Software acquires OpenSpirit

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TIBCO Software acquires OpenSpirit

Friday, October 1, 2010

OpenSpirit, a privately-held company with over 200 clients in 57 countries, is now known as TIBCO OpenSpirit.

Financial details of the transaction were not disclosed. OpenSpirit’s CEO, Dan Piette, has joined TIBCO to lead the development of the business.

TIBCO's software helps customers connect applications and data in a service-oriented architecture, and improve business process management. It has more than 3,000 customers around the world with offices in more than 20 countries and a network of over 200 partners.

OpenSpirit’s software products assist geologists and geophysicists in aggregating and assessing data from multiple sources for reservoir analysis. OpenSpirit’s vendor-neutral approach enables companies to pursue a “best of breed” architectural model to both better leverage legacy investments and exploit new technologies. The end result for clients is a reduction in the time and risk associated with drilling decisions.

Associated Companies
» Open Spirit

External Links
» TIBCO

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