PORTLAND — Jive Software’s new owner says it will close its Portland site rather than move to new offices when Jive’s current lease expires at the end of September.
That marks the definitive end of a vital era in Portland tech.
Jive, which uses social networking technology to encourage business collaboration, was among the first of a new generation of Oregon tech companies focused on internet technologies rather than computer hardware.
Jive struggled after going public in 2011. Under investor pressure, Jive sold last year to Texas company Aurea for $462 million. Aurea broke up the business, selling part of the company to San Francisco firm Lithium Technologies.
Jive once employed 300 or more on four stories of The Reserve building downtown, but many employees left after the company’s sale. A former Jiver who had recently been in the office said no more than a few dozen remain.
Aurea declined to say how many employees remain in Portland.
