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Insightful NewsInsightful Corporation Announces Agreement to Be Acquired By TIBCO Seattle, Washington – June 19, 2008 – Insightful Corporation (NASDAQ: IFUL), a provider of predictive analytics and reporting solutions, today announced that it has signed a definitive agreement to be acquired by TIBCO Software Inc. (NASDAQ: TIBX) in a transaction valued at approximately $25 million, including the value of certain assumed options. Under the terms of the agreement, following the closing, Insightful stockholders will receive $1.87 in cash for each outstanding share of common stock they own. This price represents a premium of 29% over the average closing price of Insightful’s common stock over the sixty trading day period ending on June 18, 2008, the last trading day before the date of this announcement... The following press releases have been issued via wire service to the public. Information contained in any release was considered accurate as of the date of the release.
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