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Updated from 4:07 p.m. to include information on Apple and Microsoft.

SAN FRANCISCO (TheStreet) – Tibco Software (TIBX) shares spiked Monday, following its announcement that private equity firm Vista Equity Partners would acquire the company for $4.3 billion. 

Vista's acquisition of the business intelligence software company marked the largest tech buyout this year, according to a report in the New York Times. The software company's shares soared 21.2% to close at $23.65.

The sale of Tibco comes at a time when the software maker was facing pressure from an activist shareholder to sell itself amid falling profits. The company's net profit dropped to $1.5 million in the quarter just ended, compared with profits in excess of $8.8 million a year ago. 

Tibco's new buyer has a reputation for specializing in acquiring companies that need a turnaround. Whether Vista can deliver that with Tibco has yet to be seen.

GoPro's (GPRO) shares keep on going. The company's stock leaped 10.8% to end the day at $90.94.

The video camera maker unveiled three new cameras Monday, one of which can capture high resolution images of 4K video. This new device is called the Hero4 Black and sells for $499, making it GoPro's most high-end camera to date.

The other cameras include the Hero4 Silver for $399 a pop and The Hero for $130. The new cameras gave GoPro a shot at further juicing its share price along.

GoPro shares have been steadily rising since early August, when it was trading in the high $30s range. More recently, it was spurred along when Google (GOOG) announced it would invest more heavily in its YouTube. The thinking behind that GoPro share price rise was that the video camera would benefit as more amateur photographers used its device on YouTube.

Apple (AAPL) shares edged down 0.64% to close at $100.11 on Monday, as the European Commission investigates the iconic computer maker for allegedly receiving illegal financial support from Ireland, according to a Reuters report.

If the EU finds that Apple received state aid from Ireland, it could be forced to fork over billions of dollars in tax incentive savings. The EU is not just going after a one-time shot, but rather it hopes to retroactively tax companies that had been benefiting from tax incentives from the countries where they operate.

The EU is apparently ramping up efforts to hit multinational companies that it views are avoiding taxes, noted The Wall Street Journal.

Microsoft (MSFT) is also facing trouble with a foreign government agency, but shares managed to end the day up 0.06% to close at $46.44.

The Redmond, WA.-based Microsoft is tangling it up with the antitrust agency for the Chinese government, rather than the European Commission. In this particular case, the Chinese antitrust agency is investigating the software giant to see if it has violated any of its anti-monopoly laws, said Reuters.

For Microsoft, it is almost a case of been there, done that. The Redmond giant has not only had to fend off U.S. antitrust regulators over the years but also the antitrust agency in Europe.

At the time of publication, the author held no positions in any of the stocks mentioned, although positions may change at any time.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

TheStreet Ratings team rates TIBCO SOFTWARE INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate TIBCO SOFTWARE INC (TIBX) a HOLD. The primary factors that have impacted our rating are mixed ? some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity."

You can view the full analysis from the report here: