Pervasive Software is seeking bids for the company after getting an unsolicited proposal last month. Austin, Texas-based Pervasive received the proposal from Actian Corp. on August 13 and has instructed its financial advisor, Shea & Co., to seek non-binding bids from interested parties. Actian offered $8.50 per share in cash in a deal that is valued at about $154 million. Actian said that Pervasive had so far repeatedly declined its offer to discuss the proposal.