Today's the day: https://www.tibco.com/press-re...information-builders

This message has been edited. Last edited by: FP Mod Chuck,

Hey! My stock options have finally come ho. . . oh wait the stingy owners never offered stock options.

TIBCO is in Palo Alto, CA.

That's good, right? :-)

LOL.. They weren't stingy they have always been privately held. I have been with them for 28 of the 45 years and sad this day has come, but WebFOCUS will live on...

Any timelines yet for
how long WF will be supported and if new versions will continue to be released?
If FOCUS language will survive?
ReportCaster?
How much Spotfire might change?

quote:

Originally posted by FP Mod Chuck:
... they have always been privately held...

i thought Goldman had a significant share?

No timelines on anything yet, the deal won't be finalized until after November 31th (the end of Tibco's Fiscal year).

Your right Goldman Saks invested into IBI but it was about 20% and they left Gerry alone to run it still. We were never a publicly traded company which I personally liked because there was no fear of a hostile takeover by the likes of Oracle or IBM.

I'll agree with the privately-owned observation. I started with a privately-owned company (IBI) in 1998 and have been with several ever since, and I don't miss my prior publicly-owned companies one bit. A much steadier hand on the wheel in private companies.

Being purchased by TIBCO actually means being purchased by Vista Equity Partners, an "American investement firm" that invests in software companies. Here's hoping they have an interest in keeping WebFOCUS' installed base up and running in the future.

This was just posted on myibi by Rob Fosnaugh the Sr. Manager Enterprise Information from Brotherhood Mutual Insurance.

We utilize Scribe to get data out of Microsoft Dynamics. Scribesoft was recently acquired by TIBCO and it was a very seamless process to the point that Scribe is a better platform, the price remained the same, we have more functionality, training, and tools, and most importantly the employees of the company are even happier with their jobs and future. If I didn’t see the TIBCO logo alongside the Scribe log and the excitement of the employees I wouldn’t have known anything changed. From my standpoint if any company were to acquire ibi that TIBCO is one of the best fits. They appear to find standout companies and allow them to do what they do best and at the same time integrate from the TIBCO stack to bring efficiencies and synergies. Others may have differing opinions and it may play out differently over time, but this has been the direction ibi has been heading for the past 5 or so years and I see this as a positive move compared to other options.

Seems like I'm in the minority, but I don't mind at all if they do away with the FOCUS language. Its so problematic. Yes we've spent years learning and acquiring skills for it, but does anyone think this is a GOOD programming language? Like, I've learned to use it and I've had success with it, but I'll take Tableau or Cognos (haven't tried Spotfire, but I'll GLADLY try it) over this product anytime.

I have to think that you folks who don't want it to go, are simply dreading the fact of losing some skills or knowledge. Is that what it is?

quote:

Seems like I'm in the minority, but I don't mind at all if they do away with the FOCUS language. Its so problematic.

OK... FOCUS is the base/foundation of WebFOCUS which does 'a lot' and is a good high-level language.

As has been said: "If you can say it in English, you can code it in WebFOCUS'...

Yes, there are several other languages, but, imho, WebFOCUS is one of the best, if not The Best...

Atta boy Doug! There is no way that the underlying FOCUS language can be removed from the product, it is the foundation of it's strength.

I'm not implying we should remove the underlying language only. I'm suggesting we lose a lot more than that.

FOCUS is the 'foundation' absolutely... no doubt... but the 'strength'?

I really think I'm being fair here, sorry... I get it though... we've all invested so much into this product.