Jive Sets Price Range For IPO At $8 To $10 Per Share, Valued At Over $500M

Social enterprise giant Jive has just set the terms of its IPO in a new filing. Jive, which aims to raise a little over $100 million in a public offering, has set the range between $8 and $10 per share. At the high end of the range, Jive could be worth as over $500 million. Modeled to offer Facebook-like features to enterprises, Jive?s software combines computing with social collaboration to offer fully-featured social networks for businesses. Its suite of applications help businesses collaborate on a variety of tasks, including holding discussions, communication, sharing documents, blogging, running polls, and social networking features and more.

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