M&A: Tibco snaps up DataSynapse

See here. DataSynapse, for those who don’t know, makes tools that help financial services folks schedule work across large clusters. They are pretty big on wall street.
They are now going to be part of Tibco. Competitors are Platform et al.
As this Great Recession marches on, I do expect to see additional M&A activity, in order to strengthen portfolios, provide capability enhancement, and so forth.
It all comes down to cost-benefit analysis. Compete or buy. This is why HP and IBM aren’t waiting in line to buy Sun’s hardware business, but simply take it, at a much lower cost to them, by capitalizing upon Sun’s weakness.