Lithium to Acquire External Online Community Business from Jive

Lithium Technologies, Inc., the market leader in social media management and online community products, announced that it has entered into a definitive agreement to acquire Jive Software‘s external community business from Jive, an Aurea company. The terms of the transaction were not disclosed.

Rob Tarkoff - Image
Rob Tarkoff

“Lithium and Jive have both been forward thinking in the digital customer experience market for many years. Bringing Jive-x into the Lithium portfolio will give these customers access to our cumulative knowledge and the best innovation of both products, delivering significant business value for all. During this transition, we will be focused on ensuring continuity of service for all Jive-x customers. We will continue to offer the Jive-x solution and are committed to providing continued, excellent support for the customers and the platform. We believe that all customers will benefit from our continued investment in the community product category and from access to integrated social media management capabilities over time,” said Rob Tarkoff, president and CEO of Lithium.

This move combines two of the industry’s most innovative technologies and customer bases, and will enable Lithium to deliver a broader set of Community features and leading capabilities for all customers. Specific details will be communicated directly to both Jive-x and Lithium customers.

Scott Brighton - Image
Scott Brighton

“We believe all Jive customers will benefit from this transaction through increased focus on their distinct needs.  Jive-x customers will enjoy Lithium’s exclusive focus on external communities, while Jive-n customers will benefit as we intensify focus on serving as the gateway to an enterprise’s most important assets – its knowledge and people. Jive will deepen its commitment to creating true enterprise-wide collaboration in an increasingly complex, fractured and global business environment,” said Scott Brighton, CEO of Aurea.

The transaction is subject to customary closing conditions, including customary regulatory approvals.

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