Persistent Systems, a global company specializing in software product and technology services, will showcase its new partnership with Jive Software, including solutions and integration frameworks for enterprise communication and collaboration. The alliance strengthens the Persistent Systems partner ecosystem with Jive's industry leading platform on which enterprises adopt internal collaboration and external community best practises to help their employees, partners and customers work better together.

Aisling MacRunnels, chief development officer at Jive Software said, ''Working closely with consulting partners is one of the strategic ways we can help our customers achieve ultimate success with their Jive implementations. Persistent has built a practice with integration capabilities that are immensely valuable; and we have already seen great success in working with them and our joint customers to maximize their enterprise communication and collaboration solutions.''

Ranga Puranik, president at Persistent Systems said, ''The digital transformation of companies, including how people and organizations work together in new and productive ways is being shaped by software platforms such as Jive. This partnership strengthens our social and collaboration practice and builds on our early focus and recent investment in it.''

Shares of the company declined Rs 67.55, or 5.05%, to trade at Rs 1,269. The total volume of shares traded was 15,001 at the BSE (2.59 p.m., Monday).