Microsoft Pays $1.2 Billion for Yammer
Article by George Norman
On 28 Jun 2012
Redmond-based software giant Microsoft announced earlier this week that it entered a definitive agreement to acquire leading enterprise social network service Yammer. Microsoft will shell out a total of $1.2 billion in cash to get its hands on Yammer – and once it has the leading provider of enterprise social networks, it will use it to further its social enterprise efforts.

Following the acquisition, which is subject to customary closing conditions, including regulatory approval, Yammer will become part of the Microsoft Office Division, which his currently lead by Kurt DelBene. The Yammer team will continue to report to Davis Sacks, founder and CEO of Yammer. But I digress; let’s get back to the topic at hand.

Advertising

As I was saying, Yammer will become part of the Microsoft Office Division. While Yammer will continue to work on its standalone service, Microsoft will accelerate Yammer’s adoption alongside complementary offerings from Microsoft SharePoint, Office 365, Microsoft Dynamics and Skype.

“The acquisition of Yammer underscores our commitment to deliver technology that businesses need and people love,” said Steve Ballmer, CEO, Microsoft. “Yammer adds a best-in-class enterprise social networking service to Microsoft’s growing portfolio of complementary cloud services.”

“When we started Yammer four years ago, we set out to do something big,” said Davis Sacks, founder and CEO of Yammer. “We had a vision for how social networking could change the way we work. Joining Microsoft will accelerate that vision and give us access to the technologies, expertise and resources we’ll need to scale and innovate.”

If you are not familiar with Yammer, let me provide a quick explanation: it is a service that lets employees stay in touch by joining a secure, private social network. Yammer was launched back in 2008 and it currently has more than 5 million corporate users. You can learn more about Yammer on its official site here.

Here’s a nice infographic released by Microsoft that puts the spotlight on Yammer.







Tags: Microsoft, Yammer, acquisition
About the author: George Norman
George is a news editor.
You can follow him on Google+, Facebook or Twitter

I Hope you LIKE this blog post! Thank you!
What do YOU have to say about this
blog comments powered by Disqus
Popular News
By George Norman on 17 Aug 2017
With the blockbuster movie season upon us, Sony decided to celebrate the occasion with a sale: the Attack of the Blockbusters Sale that offers discounts of up to 50% (60% if you’re a PlayStation Plus member) on a ton of PS4 video games.
By George Norman on 17 Aug 2017
Samsung’s new T5 portable solid-state drive (PSSD) uses the latest 64-layer V-NAND technology, offers between 250GB and 2TB of storage capacity, has a lightweight and shock-resistant design that’s smaller than the average business card, and delivers industry-leading transfer speeds of up to 540 MB/s.
Related News
By George Norman on 19 Jun 2017
Don’t worry. I’m not going to rehash all those facts that everyone already knows about Bill Gates, like how he got arrested for driving without a license, that he is a college dropout, and that he plans to give most of his fortune to charity.
By George Norman on 31 Jul 2017
Microsoft has a new keyboard to offer: the new, premium quality Microsoft Modern Keyboard with Fingerprint ID. If you’re not familiar with it, then keep on reading and you’ll uncover pretty much everything there is to know about this keyboard.
By George Norman on 18 Jul 2017
Sure, text remains the main method of communicating with others when using a messenger application like Skype, but if you really want to get the message across, using an emoticon, emoji or sticker can’t hurt.
By George Norman on 07 Jun 2017
Yes, I know that the global PC market is in a downwards spiral for its nth quarter and that mobile usage is on the rise. Still, I argue that a desktop PC is better than all the other alternatives.
Sponsored Links
Hot Software Updates
Top Downloads
Become A Fan!
Link To Us!
Microsoft Pays $1.2 Billion for Yammer
HTML Linking Code