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Jive Software is acquiring meetings.io, a real-time communications platform, and Producteev, a cloud-based task management provider in a combined deal worth $7.6 million and 460,000 in Jive stock.
Meetings.io is a platform that Jive CEO Tonuy Zingale says fits into the company’s social platform by allowing screen sharing, video conferencing and the loosely fit pieces that make up a unified communications platform. It is similar to GoInstant, the company Salesforce.com acquired earlier this year for $70 million.
Producteev is designed to talke tasks out of email and into a more collaborative environment — again a play that fits with Jive’s social platform.
The deal is far smaller for the two companies than what other enterprise startups are commanding. GoInstant is a case in point.
Zingale said the deals are consistent with Jive’s overall strategy in acquiring innovative technologies and strong teams.
This story is developing.
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