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Mergers News

Tibco Software to acquire Spotfire for about $195 mln

May 1 (Reuters) - Tibco Software Inc. TIBX.O said it plans to acquire privately-held software company Spotfire Inc. for about $195 million in cash.

The company also said its board approved a share buyback program of up to $300 million of its common shares. This amount replaces about $58 million remaining under a previously approved buyback program. (Reporting by Dilipp S. Nag in Bangalore)

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