Full Answer
Who is Jive owned by?
Aurea Software, Inc.Jive SoftwareTypeSubsidiaryRevenueUS$195.8 Million (2015)OwnerAurea Software, Inc.Number of employees658 (2014)Websitejivesoftware.com6 more rows
How much did Jive Communications sell for?
$342 MillionJive Communications Sells to LogMeIn for $342 Million // Cooley // Global Law Firm.
Who founded Jive Communications?
John PopeJohn Pope is the CEO and a partner at Jive Communications, a leading Cloud Communications service provider based in Orem, Utah. Founded in 2006, Jive serves the commercial and public sector markets with products including cloud-based PBX telephony, HD video, contact center, and digital signage.
What is jive by LogMeIn?
Jive Voice offers features such as unlimited voicemail boxes, auto attendants, and local and long-distance calling. Jive's cloud architecture offers an integrated, seamless experience that provides richer context and creates more efficient connections between co-workers and clients.
Who is the CEO of Jive Records?
Barry Weiss -Barry Weiss - CEO - Jive Records | LinkedIn.
Who bought unify?
Until January 21, 2016 Unify was a joint venture between The Gores Group and Siemens. Originally announced July 29, 2008, the joint venture started operating October 1, 2013, with The Gores Group holding a 51% stake, and 49% held by Siemens AG....Unify (company)Founded1 October 2008 (Berlin, Germany)Area servedWorldwide6 more rows
Is Gotoconnect a VoIP?
GoTo Connect's VoIP phone system is easy to use and highly professional, so you can serve your customers and callers better, and help your business grow. Your team can use GoTo Connect from any device, anywhere, so you can put on a united front for callers and serve them well, no matter where your teams are working.
What is Jive Software used for?
Jive offers businesses personalized corporate communication solutions that bring teams together, streamline communication and improve productivity. How do I create a community in the workplace? Jive offers a strong corporate communication platform that boosts employee engagement.
What is jive phone?
Jive is a cloud-based phone software that allows users to make or receive calls from anywhere, at any time, and on any device.
Is Jive now GoTo?
Jive (Now Go ToConnect) Review. Jive's cloud-based phone system gives users the flexibility to place and receive calls from anywhere, on any device. Acquired by a new company, it became GoTo Connect, a fusion of Jive's phone service and GoTo Meeting's online meeting features.
Is Jive now LogMeIn?
LogMeIn acquired Jive Communications, a cloud PBX vendor targeting the small and midsize markets, for $357 million in February, after buying the GoToMeeting suite from Citrix in 2016.
Who uses Gotoconnect?
Who uses GoTo Connect? The most common users of GoTo Connect are from Small Businesses (1-50 employees) and the Information Technology & Services industry.
Where is Jive Communications's headquarters?
Jive Communications is located in Orem, Utah, United States.
Who invested in Jive Communications?
Jive Communications has 3 investors including Guidepost Growth Equity And BYU Cougar Capital.
How much funding has Jive Communications raised to date?
Jive Communications has raised $31.3M.
When was the last funding round for Jive Communications?
Jive Communications closed its last funding round on Oct 17, 2016 from a Venture - Series Unknown round.
Who bought Jive Communications?
Remote access software maker LogMeIn is acquiring Jive Communications for $342 million in an aim to bolster its collaboration and communication portfolios.
Who owns GoToMeeting?
LogMeIn, which owns GoToMeeting, GoToWebinar, OpenVoice and join.me, said the deal will add a host of unified communications services and ultimately accelerate its own UCaaS strategy.
Jive Communications Comparisons
Provider of cloud-based platform intended for organizations to manage phone setup easily. The company's platform replace
Jive Communications Signals
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
What is Jive software?
Jive Software, an Aurea Software company, is a provider of communication and collaboration software for business.
Where is Jive located?
Matt Tucker and Bill Lynch founded Jive in 2001 in Iowa; the company relocated to New York later the same year. In 2004, the company moved its headquarters to Portland, Oregon.
Is Producteev a stand alone app?
In May 2013, the company announced the newly redesigned version of Producteev by Jive as a stand-alone free app to individuals and teams of any size. Jive released the real-time communication features from Meetings.io over the course of 2013. These features were then broken out into a stand-alone app called Jive Chime.
When did Jive achieve GAAP profitability?
On February 7, 2017 during the earnings call Jive announced that the past quarter (Q4,2016) was the first where the company had achieved GAAP operating profitability.
Who bought Jive?
Acquisition by Aurea. On May 1, 2017, Jive announced that it had entered "into definitive agreement to become part of the Aurea gamily of companies for $462 million in cash.". While this deal was mostly seen as a win for investors, some viewed it as a "fire sale", noting that investors lost millions.
Who is the CEO of Jive?
On February 10, 2015, Elisa Steele was named CEO, alongside her existing role as president. At the time, she was also named to the Jive board of directors.
A Leader in Web Conferencing and Web Events
With one of the world’s most widely recognized collaboration portfolios, LogMeIn is a leader in web conferencing and web events. The LogMeIn collaboration portfolio, alone, serves 25 million users, seven million meetings, and over 900 million conferencing minutes every month.
Management
Following the close of the transaction, the parties anticipate that John Pope, the CEO of Jive Communications, will continue to run the Jive Communications business, reporting directly to Bill Wagner.
Transaction Details
LogMeIn’s acquisition of Jive Communications, through its wholly-owned subsidiary LogMeIn USA, Inc., will be effected through a merger with Jive Communications continuing as a wholly-owned subsidiary of LogMeIn USA, Inc.
Conference Call Information
LogMeIn will host a conference call to discuss the details of the transaction at 8:30 am ET, today, Thursday, February 8, 2018. Details as follows:
Market Sizing
In a May 2017 report entitled, “Worldwide Unified Communications and Collaboration Forecast, 2017–2021,” IDC reports that the UCC market will reach $33.8 billion in total worldwide revenue in 2017. As shared at LogMeIn’s recent Investor Day, the company estimates the total addressable market opportunity to be more than $25 billion of that total.
About Jive Communications
Jive provides cloud-based phone systems and Unified Communications services. Jive’s customers include high-growth businesses and public sector institutions needing a scalable platform that is more flexible and cost-effective than their existing legacy systems.
How many people use Logmein?
Today, LogMeIn supports over two million customers with an award-wining portfolio that includes products like GoToMeeting, GoToWebinar, GoToTraining, OpenVoice and join.me. A world-class team of more than 1000 customer-focused employees powers the high-scale service and innovation of our Communications & Collaboration business unit with over 25 million users, seven million meetings, and over 900 million conferencing minutes each and every month.
Is Logmein separate from Jive?
Please note we expect the proposed transaction, which is subject to regulatory approvals and other customary closing conditions, to officially close in Q2 of this year, and until it closes, LogMeIn and Jive remain entirely separate entities and separate businesses.
Who acquired Jive Communications?
Today, we’re pleased to announce that LogMeIn has agreed to acquire Jive Communications, a rising star in cloud-based Unified Communications.
Is Jive a UC?
Serving nearly 20,000 customers and working with household brands, including MyFitnessPal, Liberty Tax Service, Massage Envy Spa, and Hickory Farms, Jive offers a UC portfolio that includes voice, video, contact center and mobile applications from a full cloud-based PBX phone system to high-quality video calling to advanced contact center controls and monitoring.
Is the Securities Act of 1933 a forward looking statement?
All statements other than statements of historical fact contained in this report are forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the United States 5 Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Why is corporate communications important?
Corporate and executive communications are essential to keeping any company aligned, but people increasingly miss the memo as critical comms pile up unread in inboxes. Meanwhile, in teams, groups and departments, colleagues struggle to hear each other and stay in sync amidst an endless onslaught of messages, notifications and alerts. That doesn’t even begin to address urgent communications. Could your company reach everyone to keep your employees informed when it matters most? Many organizations can’t.
What is interactive intranet?
Don’t confuse an interactive intranet with traditional intranets, which are typically one-way channels for official company communications and repositories for often-outdated content. An interactive intranet supports all sorts of communications in one dynamic, people-centric system.
What is a jive portal?
Jive departmental portals provide a home base for departmental news and communications, ensuring everyone is aligned on goals and initiatives.
What is jive news?
Personalized news pages and streams deliver corporate communications in a compelling, engaging form that employees can’t miss and eagerly consume – even “deskless” workers using mobile devices. And unlike traditional corp comms, it’s not just one-way: employees can also respond, discuss and ask questions – driving engagement and understanding. Jive provides real-time metrics on who’s reading and how they’re responding, so communication teams can measure their reach and impact.
What is executive communication?
For Executive Communication. Executives can easily create and publish their own media-rich blogs and deliver them to any audience— whether it’s the whole company, a specific department or team, or geographic region. Recipients can ask questions, suggest ideas and engage in genuine dialogue with leaders.
What is the solution to communication challenges?
On the contrary, the solution lies in simplifying and streamlining: using one system in place of many. What companies and employees really need is a central location for conversation, collaboration and connection.
Is Jive a communication platform?
Jive isn’t just for communication. It’s also a complete collaboration platform, connecting people, knowledge and processes across the enterprise, with massive benefits for your business.
Overview
History
Matt Tucker and Bill Lynch founded Jive in 2001 in Iowa; the company relocated to New York later that year. In 2004, the company moved its headquarters to Portland, Oregon.
At the end of 2009, Jive posted a record 85% percent increase in revenue in addition to securing $12 million in Series B funding from Sequoia Capital.
In 2011, Jive filed for a $100 million IPO. The company had its IPO on December 12, 2011, on the
Acquisitions
On January 7, 2010, Jive acquired Colorado-based social monitoring company Filtrbox for $1.7 million in cash and common stock.
In May 2011, Jive announced the acquisition of OffiSync, an Israeli startup that adds a collaboration layer to Microsoft Office applications.
In November 2012, Jive announced the acquisition of technology companies Producteev and M…
Acquisition by Aurea
On May 1, 2017, Jive announced that it had entered "into definitive agreement to become part of the Aurea family of companies for $462 million in cash." While this deal was mostly seen as a win for investors, some viewed it as a "fire sale", noting that investors lost millions.
Aurea has integrated Jive into its Customer Experience Platform.
External links
• Firms make tough choices about perks in the recession "Daily Journal of Commerce" retrieved July 17, 2009