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Cloud Expo: Article

Is Jive Ready to Sell Out?

Jive’s market cap is currently $1.14 billion so it would take a few bucks to buy

Since Bloomberg blew the whistle the other day after finding out that SAP had been in talks to buy cloud-based Jive Software, but dropped the idea after deciding there was too much overlap between their product lines and Jive wouldn't add enough market share, there's been speculation that somebody else big will come along and scoop it up.

The names that come to mind are Oracle and IBM, even Salesforce.com, whose own social networking business software isn't as comprehensive as Jive's.

Jive is run by CEO Tony Zingale, who sold Mercury Interactive to HP for $4.5 billion in 2006 and Clarify to Nortel Networks for about $2.1 billion in 1999.

Jive's market cap is currently $1.14 billion so it would take a few bucks to buy.

Forrester Research projects the market for social enterprise software will be worth $6.4 billion by 2016, up 60%.

Jive, which hasn't made any money yet, went public 18 months ago raising $161 million. It lost $16.6 million its last quarter on sales of $33.9 million. It's expected to boost sales 119% in the next three years.

Jive's integrated platform, regarded as the strongest in the business, combines community software, collaboration software, social networking software and social media monitoring.

Customers include Intel, VMware, NetApps, SAP, Embarq, ManTech and Linden Lab.

Microsoft bought Yammer for $1.2 billion last year.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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