Tuesday, March 31, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung, LG End Legal Disputes
IBM Connects Internet of Things to the Enterprise
Project Spartan Web Browser Included In Latest Windows 10 Build
Google Now Offers A Gmail For Android Users
Jay-Z Challenges Launches Updated Tidal Music Service
Apple Offers Trade-in Program For Android, Blackberry And Windows Phones
Kingston Releases New USB 3,0 Media Reader
Amazon Starts Offering Home Services
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, June 25, 2012
Microsoft to Buy Social Network Yammer For $1.2 Billion


Microsoft agreed to buy online social network firm Yammer for $1.2 billion in cash, which will allow the software company to offer a service like Facebook's to corporate customers.

Microsoft and Yammer have entered into a definitive agreement under which Microsoft will acquire Yammer, a leading provider of enterprise social networks, for $1.2 billion in cash. Yammer will join the Microsoft Office Division, led by division President Kurt DelBene, and the team will continue to report to current CEO David Sacks.

"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."

Launched in 2008, Yammer now has more than 5 million corporate users, including employees at 85 percent of the Fortune 500. The service allows employees to join a private social network for free and then makes it easy for companies to convert a grassroots movement into companywide strategic initiative.

Yammer will continue to develop its standalone service. Moving forward, Microsoft plans to accelerate Yammer?s adoption alongside complementary offerings from Microsoft SharePoint, Office 365, Microsoft Dynamics and Skype.

The acquisition is subject to customary closing conditions, including regulatory approval.


Previous
Next
OWC Releases 960GB Mercury Electra MAX 3G SSD        All News        T-Mobile To Buy Wireless Spectrum From Verizon
Facebook Changes Users' Email Addresses     General Computing News      Wafer Fab Equipment Spending to Decline in 2012

Get RSS feed Easy Print E-Mail this Message

Related News
Data Requests To Microsoft Decreased
Samsung to Bring Microsoft Services on More Devices
Microsoft Collaborates With Ford On Conected Cars
Microsoft Releases New Business Products
Microsoft To Offer Cortana To Android, iOS
Microsoft Proposes New Power Backup Specification
MWC: Microsoft Unveils The Lumia 640 and Lumia 640 XL
Microsoft Band Gets New Features
Internet Explorer To Support HTTP Strict Transport Security Protocol
Microsoft Buys Sunrise In A Smartphone Push
Microsoft, Samsung Settle Patent Dispute
Bill Gates Sees Future In Robots

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .