Tibco Software completes LogLogic purchase
Business software provider Tibco Software Inc. said Thursday that it completed the purchase of data security company LogLogic Inc. for about $130 million.
Tibco agreed to buy LogLogic on April 3. LogLogic is based in San Jose, Calif., and was privately held.
Shares of Tibco rose 51 cents to close at $32.86. They hit a 52-week high of $33.42 during the session.