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Jive Software rallies on (another) report of SAP's recent interest

Sources tell BloombergBusinessweek SAP has considered buying Jive (JIVE +2.6%) in recent months, along with other companies.

There doesn't appear to be any new information about SAP/Jive in this column, relative to a May report stating SAP considered acquiring the enterprise social networking software firm, but decided not to due to product overlap concerns.

BloombergBusinessweek also observes SAP is rapidly expanding its Silicon Valley presence. The German software giant has spent $7.6B to acquire Valley software firms SuccessFactors and Ariba, and its Palo Alto-based VC arm has invested $700M+ in startups, including enterprise cloud storage high-flyer Box.

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