Subsequent Events

9 Months Ended

Aug. 31, 2011

Subsequent Events

Subsequent Events

18. SUBSEQUENT EVENTS

Nimbus Partners Limited

On August 30, 2011, subsequent to TIBCO's third fiscal quarter, International Holdings B.V., an indirect wholly-owned subsidiary of TIBCO, acquired Nimbus Partners Limited ("Nimbus"), a private company organized under the laws of England and Wales and a provider of business process discovery and analysis applications that help companies drive adoption of business process initiatives. We paid $42.0 million of cash to acquire the outstanding equity of Nimbus. We have also incurred transaction costs associated with the acquisition. As a result of the acquisition, TIBCO also assumed facility leases, certain liabilities and commitments of Nimbus. Management is currently evaluating the purchase price allocation following consummation of the transaction.