Telligent Buys Leverage Software To Boost Cloud Power
Seeking to strengthen its cloud computing and enterprise social networking products, Telligent acquired Leverage Software in a transaction that closed Monday.
Dallas-based Telligent and Leverage Software of San Francisco are both private companies competing in the social software marketing with Jive Software, which just went public, as well as larger companies like IBM. Earlier this year, Forrester Research ranked Telligent’s enterprise social networking software among the top four platforms for social collaboration, competitive with Jive, IBM, and NewsGator. Telligent is best known for its software for hosting Web communities, which is where its business started.
Telligent CEO Patrick Brandt said Leverage Software’s strength is in enterprise social networking delivered as software as a service (SaaS)–something closer to the service offered by Yammer. Leverage also brings a strong customer base, including companies like Wells Fargo, Stanford University, and Home Depot, he said…