Asera and Tibco Software Announce Strategic Alliance.Business Editors BELMONT, Calif.--(BUSINESS WIRE)--December 20, 2000 Asera to Provide TIBCO's Extended Infrastructure and News Content Delivery Capabilities as Part of the Asera(TM) Adaptive eBusiness Solutions(TM) Asera, Inc., the leading provider of adaptive eBusiness solutions(TM), and TIBCO Software Tibco Software Inc. is a software company, with headquarters in Palo Alto, California. Tibco sells business process management and business integration software. History Vivek Ranadive founded the company as Teknekron Software Systems (TSS) in 1985. Inc. (Nasdaq:TIBX TIBX Tibco Software Incorporated (NASDAQ symbol) ), a leading provider of real-time infrastructure software for eBusiness, announced today an agreement to integrate TIBCO's TIBCO TIBCO The Information Bus Company .net(TM) solutions and TIBCO ActiveEnterprise(R) infrastructure software into Asera's adaptive eBusiness solution. As part of the agreement, TIBCO joins the blue chip roster of technology solution providers whose best-in-class applications are seamlessly integrated with Asera. This strategic agreement benefits Asera customers by extending and enhancing two categories of functionality delivered by Asera. First, through the addition of TIBCO.net, a value-added hosting service for delivering real-time content and services to consumer portals, B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business marketplaces and enterprise information portals See corporate portal. , customers benefit from an industrial-strength news content delivery infrastructure that allows access to any type of news service or third-party content provider. This enables Asera customers to increase site loyalty by providing valuable, industry-specific news content for users. In addition, through Asera's integration with the TIBCO ActiveEnterprise product suite, companies can efficiently connect Asera's eBusiness applications with back-end ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. systems. Customers also benefit from greater choice of enterprise integration technology, providing more versatility and compatibility with existing systems. "The ability to enable real-time distribution of information is a key requirement for successful eBusiness," said Warren Weiss, president and chief executive officer of Asera. "The partnership with TIBCO will enable Asera to provide customers with information delivery through both news content and infrastructure, while leveraging the flexibility of Asera's eBusiness platform." "Strategic alliances are essential to TIBCO's success," said Fred Meyer, chief marketing officer for TIBCO Software. "Through our alliance with Asera, we can extend our reach to new customers seeking an integrated eBusiness solution with real-time, personalized content." Asera has signed nearly 30 customers including enterprise companies like: BP Chemicals, a division of BP (NYSE NYSE See: New York Stock Exchange :BP), Stinnes Interfer AG, one of Germany's largest independent steel and raw materials distributors and a division of Stinnes AG, Cadence (NYSE:CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ), Wyse, and Extreme Networks (Nasdaq:EXTR), as well as net market makers like Applications Gateway and SemiSales.com. In August, the company completed a third round of funding totaling $115 million from leading technology companies including Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ), Nortel Networks (Nortel Networks Limited, Brampton, Ontario, www.nortelnetworks.com) A world leader in telecommunications products, which includes switching, wireless and broadband systems for service providers and carriers, telephones and systems for residential and business users, computer telephony (NYSE:NT), SAP (NYSE:SAP), and Siemens as well as blue chip venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] Kleiner Perkins and Bowman Capital. About Asera, Inc. Asera provides Global 2000 and emerging-growth companies with adaptive eBusiness solutions(TM). Asera is powered by an adaptable software platform architected for rapid integration, personalized delivery and change. The powerful combination of Asera's platform, best-in-class suite of software applications and service delivery allows companies to customize and implement their eBusiness processes, pay for only what they use, and remain insulated from the cost and complexity of technology change. Based in Silicon Valley, Asera also has offices in the UK and Germany. Asera can be found on the Web at http://www.asera.com. About TIBCO ActiveEnterprise And TIBCO.net The core of TIBCO's real-time software infrastructure offering is the TIBCO ActiveEnterprise suite, designed for building a complete, end-to-end Internet and enterprise infrastructure that successfully scales to the most demanding business information networks. It provides a real-time e-business integration platform that encompasses data integration and transformation, business process coordination, messaging, enterprise portals and alerting, adapters for legacy, packaged and third-party applications, plus enterprise monitoring and management. TIBCO.net is a value-added hosting service for delivering real-time content and services to consumer portals, B2B marketplaces and enterprise information portals. TIBCO.net offers an industrial strength content management and integration platform, along with mission critical hosting services to rapidly create value-added Internet and wireless services. TIBCO.net not only integrates external content such as news and stock quotes, but can also integrate it with internal content from corporate databases, billing and customer care systems. The integrated content is immediately available for viewing with a Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. or on other devices, including wireless PDAs, pagers and cell phones - all the while maintaining seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. with e-commerce transactional systems. About TIBCO Software Inc. TIBCO Software Inc. (Nasdaq:TIBX) is a leading provider of real-time e-business infrastructure software. TIBCO's four product lines--TIBCO ActiveEnterprise(R), TIBCO ActiveExchangeTM, TIBCO ActivePortal(TM) and TIBCO Extensibility(TM)--- enable businesses to integrate enterprise applications, interact with other businesses in B2B commerce, and efficiently deliver personalized information through enterprise portals. TIBCO's products enable the real-time distribution of information through patented technology called The Information Bus(R), or TIB See NIST binary. (R). TIB technology was first used to digitize Wall Street and has since been adopted in diverse industries including telecommunications, electronic commerce, manufacturing and energy. TIBCO's global direct customer base includes more than 600 customers from around the world such as Cisco Systems, Yahoo!, Ariba, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , Enron, Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. , GE Capital, Philips, AT&T, Pirelli and AOL/Netscape. Headquartered in Palo Alto, California “Palo Alto” redirects here. For other uses, see Palo Alto (disambiguation). Palo Alto (IPA: /ˌpæloʊˈʔæltoʊ/, from Spanish: palo: "stick" and alto: "high", i.e. , TIBCO can be reached at (650) 846-1000 or on the web at www.TIBCO.com. Legal Notice Regarding Forward-Looking Statements: This release contains forward-looking statements regarding TIBCO's business, customers, markets served or other factors including the performance of TIBCO's strategic partner, the continuation of this partnership, and the ability of products to meet customers' expectations, needs, or perform as described that may affect future earnings or financial results. Our actual results could differ in such forward-looking statements. Reasons for why actual results could differ materially include if the partnership does not continue, or the products are unable to successfully meet customers' expectations, needs, or perform as described. Additional information concerning factors that could cause our actual results to differ materially from those contained in the forward-looking statements can be found in TIBCO Software's filings with the Securities and Exchange Commission ("SEC"), including but not limited to its most recent reports on Forms 10-Q and 10-K filed with the SEC on October 13, 2000 and February 25, 2000 respectively, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements including limited independent operating history, history of losses, unpredictability of future revenue, dependence on a limited number of customers, relationship with Reuters Group PLC, rapid technological and market changes, risks associated with infrastructure software and volatility of stock price. Copies of filings made with the SEC are available through the SEC's electronic data gather analysis and retrieval system (EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. ) at www.sec.gov. TIBCO assumes no obligation to update the forward-looking statements included in this document. Note to Editors: Asera and adaptive eBusiness solutions are trademarks of Asera, Inc. All other products and names may be trademarks of their respective companies. TIBCO, TIBCO ActiveEnterprise, TIBCO ActiveExchange, TIBCO ActivePortal, TIBCO Extensibility, The Information Bus and TIB are trademarks or registered trademarks of TIBCO Software Inc. |
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