Palo Alto, Calif. – Jive Software, a provider of social
networking software for businesses, announced on Wednesday that it has acquired
Proximal Labs.
Financial terms of the transaction were not disclosed.
Palo
Alto, Calif.-based Jive said Proximal will help it use "big data" to
unlock the value of the social graph for businesses.
The company counts some
3,000 corporate clients, including Cisco, Intel and Nike, and 15 million users
of its software.
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