/>
X
Business

Jive Software might be putting itself on the market

Aside from the companies noted by Re/Code as potential buyers, ZDNet has learned Cisco has been rumored to be interested too.
Written by Rachel King, Contributor on
software-automation

Jive Software could be looking to save itself through the help of a larger force -- namely one with bigger pockets and a better balance sheet.

The social business software maker has reportedly tapped tech-focused investment firm Qatalyst Partners to look for a buyer, according to a report by Re/Code on Tuesday.

The report noted that Jive approached Oracle, SAP and Workday for a merger -- but none of them were interested.

Aside from the companies noted by Re/Code as potential buyers, Cisco has been rumored to be interested, ZDNet has learned. It's unclear where Jive would fit inside of Cisco, but would apparently be a tag-team with WebEx on collaboration.

Warning signs for Jive have been emitting for some time now.

Earnings reports have been slipping from quarter to quarter, fueling speculation over whether or not Jive's portfolio could stand alone as social features are being built into most applications.

Not to mention that Jive is also under pressure from fighting competitors such as Salesforce.com, Tibco and Microsoft's Yammer, all of which are also targeting the same high-profile enterprises.

Editorial standards

Related

The 16 best Cyber Monday deals under $30 still available
Amazon Fire TV Stick 4K

The 16 best Cyber Monday deals under $30 still available

110+ of the best Cyber Monday deals still available
Large white Cyber Monday text with electronics behind it

110+ of the best Cyber Monday deals still available

Apple names the 16 best apps and games of 2022, with BeReal taking top honors
App Store icon

Apple names the 16 best apps and games of 2022, with BeReal taking top honors