Jive Software Goes Private – Future is Unclear
Jive Software announced it was being purchased for US $462 Million, by a firm that is owned by Private Equity firm ESW Capital, which is based in Austin, Texas. ESW indicated that Jive would become part of Auera Software, a relatively unknown CRM provider. The deal, which is just under 2x Jive’s Revenues, signals the beginning of the end of the Enterprise Social Software era. This blog discusses a few aspects of the deal.