Vivek Ranadive
| Vivek Ranadivé | |
|---|---|
| Native name | Marathi: विवेक रणदिवे |
| Born |
October 7, 1957 Bombay (now Mumbai), India |
| Occupation |
Founder TIBCO Software Owner and Chairman, Sacramento Kings |
| Net worth |
 US$ 700 million |
| Children | 3 |
| Website | Corporate Profile |
Founder TIBCO Software
Vivek Ranadivé (/viˈvɛk rɑːnəˈdiːveɪ/; born October 7, 1957) is an Indian-American businessman, engineer, author, speaker and philanthropist. Ranadivé is the founder and former CEO of TIBCO, a multimillion-dollar real-time computing company, and of Teknekron Software Systems. Ranadivé is a co-owner and chairman of the National Basketball Association's Sacramento Kings.
Ranadivé grew up in the Juhu area of Mumbai, India and was the youngest of three children. At 16, Ranadivé was accepted to MIT, but in the 1970s the Indian government did not release foreign currency for citizens to study abroad. Ranadivé talked his way into the office of the Reserve Bank of India and got the required foreign exchange for one quarter of the tuition.
After earning bachelor's and master's degrees from MIT, he obtained an MBA from Harvard University in 1983. While at MIT, Ranadivé started his first company, a UNIX consulting company. He also held management and engineering positions with Ford Motor Company, M/A-Com Linkabit and Fortune Systems.
Teknekron Corp., a technology incubator, provided $250,000 in seed capital to Ranadivé in 1985 to found Teknekron Software Systems.
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