Jive Jumps On Speculation About Potential Suitor

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Jive Software Inc.
JIVE
jumped 4 percent, perhaps on speculation that Cisco Systems Inc.
CSCO
may be a suitor. A story on the web site Seeking Alpha.com noted a recent collaboration between the two companies and posed the question whether Cisco may purchase Jive. But no information nor sources in the story suggested a merger might actually occur. Seeking Alpha noted news of early last month, when Jive formed a strategic partnership with Cisco in which Jive's business collaboration platform will be integrated with Cisco's communication technologies for things like instant messaging, Web access and conferencing. Jive traded recently at $8.54 a share, up 3.39 percent.
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