Eloqua, Jive Software file for $100 million stock offerings

Eloqua Ltd., a market leader in marketing automation and revenue performance solutions, and Jive Software, a marketer of social business software, have filed initial public offerings, with $100 million in common stock each.

Vienna-based Eloqua said it will use the proceeds to repay debt and capital lease obligations, as well as for working capital. Jive, with offices in Palo Alto, Calif., and Portland, Ore., has yet to achieve profitability and will apply its money to continuing operations aimed at gaining market share.

Eloqua claims more than 1,000 corporate customers for its marketing solutions, including Adobe Systems, American Express Co., McGraw-Hill Cos. and Wells Fargo & Co. Jive clients include Nike Inc. and Cisco Systems.

http://www.btobonline.com/article/20110825/STRATEGY04/308259999/eloqua-jive-software-file-for-100-million-stock-offerings?utm_source=dailynewsletter&utm_medium=email&utm_content=editorial&utm_campaign=dailyclickthroughs

http://www.reuters.com/article/2011/08/24/eloqua-idUSL4E7JO3Y620110824