NEW YORK (TheStreet -- December is shaping up to be a busy month for new offerings with 12 companies slated to go public this week alone.
Jive Software (JIVE) is expected to price its share sale Monday night. The Palo Alto, Calif.-based developer of social business applications is looking to raise $105.3 million, selling 11.7 million shares with a pricing range of $8-$11 per share.
The company could get some extra cachet from the spate of M&A activity in the sector of late. Recent deals include RightNow (RNOW) agreeing to be acquired by Oracle (ORCL) for $1.5 billion and Success Factors (SFSF) getting bought by SAP (SAP) for $3.4 billion.
--Written by Debra Borchardt in New York.
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