Microsoft Buys Yammer for $1.2B
Microsoft has agreed to purchase Yammer for for $1.2 billion in cash. Yammer is one of the largest providers of enterprise social networks, allowing companies to implement their own Twitter-like service for their employees. We've used the service here at Social Times and found it to be effective, and this is a smart move by Microsoft.
Microsoft has agreed to purchase Yammer for for $1.2 billion in cash. Yammer is one of the largest providers of enterprise social networks, allowing companies to implement their own Twitter-like service for their employees. We’ve used the service here at Social Times and found it to be effective, and this is a smart move by Microsoft.
Yammer will fall under the Microsoft Office Division, and the team will continue to report to current Yammer CEO David Sacks.
5 million corporate users use Yammer across hundreds of organizations.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in