• News tagged "enterprise social network"

Wednesday, 27 Jun 2012

Microsoft Acquires Yammer for US$1.2 Billion

Microsoft Acquires Yammer for US$1.2 Billion

Microsoft makes its move to acquire Yammer, a cloud-based enterprise social networking service, for US$1.2 billion in cash. Yammer will continue to be headed by current CEO David Sacks although the company will be integrated with Microsoft's Office Division after the acquisition.

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