Palo Alto – May 12, 2017 – Cooley advised ESW Capital in connection with its agreement, through its affiliate Wave Systems, to acquire and take private Jive Software. The transaction is valued at $462 million. Jive will become part of the Aurea family of companies.
“With Jive and Aurea coming together, we can deliver the superior end-to-end employee and customer experience companies require in today's digital landscape,” said Elisa Steele, CEO of Jive, in a company-issued news release.
Jive Software provides industry-leading interactive intranet and customer community solutions that connect people, information and ideas to help businesses outpace their competitors. Aurea develops technology to help companies provide great customer experience.
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