Tuesday, March 20, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel and Facebook Unveil Next Generation OCP Twin Lakes 1S Server
Facebook to Respond to FTC Quastions Over Cambridge Analytica Case
AMD to Fix 13 processors Vulnerabilities Reported by CTS Labs Research
Microsoft Announces Project Denali SSD For Cloud-scale Applications
Microsoft Previews Windows Server 2019
Marvell Introduces New NVMe Switch and SSD Controllers
Google Focuses on News Publishers With New Initiative
Lite-On to Unveil New NVRAM Hybrid Solid-State Drive at OCP 2018
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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.

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
Microsoft Previews Windows Server 2019
Microsoft Sees Cloud services As The Future of Games
Microsoft Uses AI to Match Human Performance in Translating News from Chinese to English
Microsoft Offers New Cloud Tools to Health-Care Companies
Xiaomi and Microsoft Expand Their Collaboration in cloud, Devices and AI Areas
Windows Defender ATP Coming to Windows 7 and Windows 8.1
Microsoft Reports Quarterly Revenue and Profit on Cloud and Office Consumer Products
Windows Diagnostic Data Viewer Will Show You What Data Microsoft Gets From Your PC
Microsoft Takes On Chromebooks With Education Windows 10 Devices starting at $189
Some Microsoft Meltdown Patches Freeze AMD PCs
Microsoft Plans Expansion of Redmond Campus
Microsoft Expands Deal With SAP to Use and Sell More of Each Other's Cloud Services

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .