Tibco Software Inc. (NASDAQ: TIBX) announced Friday that the software maker has acquired privately held Foresight Corp. for an undisclosed amount, according to Associated Press.
Foresight makes software that validates transactions and processes claims. The company’s customers include BlueCross Blue Shield organizations in 31 states.
Penny Stock Professor, a leading financial publication, is pleased to alert investors of stocks on the move. Sign Up for our Free Penny Stock Picks.
Tibco said Foresight CEO Robert Fisher, who founded the company, will join Tibco's management.
Tibco's shares rose 4 cents to $9.46 in midday trading.
Follow us on Twitter: http://www.twitter.com/pennystockspro
Sign up for the free Penny Stock Professor newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
About Us
Penny Stock Professor is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
