Corporate
Dec. 14, 2011
Cloud company hits market in week of IPOs
Jive Software Inc. started trading on Tuesday after raising $161.3 million dollars in its initial public offering. Wilson Sonsini Goodrich & Rosati PC advised the company.
Daily Journal Staff Writer
PALO ALTO - Jive Software Inc. started trading on Tuesday after raising $161.3 million dollars in its initial public offering. Wilson Sonsini Goodrich & Rosati PC advised the company.
Palo Alto-based Jive sold 13.4 million shares at $12 per share. The company earlier planned to sell 11.7 million shares for between $8 and $10 apiece. The shares jumped 25 percent on Tuesday, closing at $15.05 on t...
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