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Jive Software Buys OffiSync, Improves Office Collaboration Services

Social enterprise software maker Jive Software has moved to acquire Israel-based OffiSync for $25 million - $30 million in shares.

The Tel Aviv based OffiSync offers a plug-in for Microsoft Office that allows users to sync it with Google Docs. Users are able to store their Microsoft Office documents on Docs and are also able to collaborate on a single Microsoft Office document from a Google Docs interface.

The plug-in integrates Google Image search and Google Sites with Microsoft Office and offers Office-to-Office collaboration features.

Jive’s social enterprise platform already comes with OffiSync integration but the acquisition will allow the company to deepen the integration. Using Offisync on Jive, users will be able to share and collaborate on Microsoft Office documents on Jive’s platform.

The company also plans to allow users to view and reply to messages from their collaborators on Jive’s platform from their Microsoft Outlook inbox.

“With OffiSync, Jive has the opportunity to become the most widely adopted Social Business platform for over 600 million Microsoft users, giving them the ability to bring social to the way they work. We continue to drive the agenda for Social Business leadership and set the standard for the market,” Jive CEO Tony Zingale, said in a statement to TechCrunch.