Jive Software buys data-mining vendor for social analytics

Jive Software is buying data-mining startup Proximal Labs in a move that will help it derive deeper insights into social-networking data, the companies announced Wednesday. Terms were not disclosed. Proximal has created a "web-scale, real-time machine learning engine for enterprise social systems," according to a statement.

Source: http://www.infoworld.com/d/applications/jive-software-buys-data-mining-vendor-social-analytics-829

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