View RSS Feed

IMC News

Microsoft Is Buying Yammer

Rate this Entry
Micrsoft announced today, confirming rumors, that it is buying Yammer. Yammer is a hour year old social networking tool for companies. Microsoft purchased the startup for $1.2 million. [URL="http://techcrunch.com/2012/06/25/its-official-microsoft-confirms-it-has-acquired-yammer-for-1-2-billion-in-cash/"]TechCrunch[/URL] speculates what Microsoft will be doing with its new acquisition, "There are other new developments at Microsoft that point to an increasing focus on light, cloud-based enterprise services that have their roots in consumer popularity. In addition to Yammer, which has [URL="http://techcrunch.com/2008/09/08/yammer-launches-at-tc50-twitter-for-companies/"]been likened to[/URL] a private Twitter or Facebook for businesses, Microsoft recently officially completed [URL="http://techcrunch.com/2011/10/14/skype-officially-becomes-a-microsoft-business-division-as-8-5b-deal-closes/"]its $8.5 billion acquisition of Skype[/URL], and has been updating its Azure cloud platform, adding new features [URL="http://techcrunch.com/2012/05/02/twilio-rising-microsoft-inks-deal-to-offer-voice-messaging-apis-to-tens-of-thousands-azure-developers/"]such as Twilio integration[/URL]." MediaPost outlines how the staff will shake out: “Yammer will join Microsoft's Office division, with the team continuing to report to its current CEO David Sacks,” [URL="http://www.theverge.com/2012/6/25/3116521/microsoft-yammer-purchase"]The Verge[/URL] reports. “It sounds like the service will continue on in its current form, at least for the near-term … with (Microsoft) looking to accelerate Yammer's adoption alongside complementary offerings."

Read more: [URL]http://www.mediapost.com/publications/article/177586/microsoft-to-buy-yammer.html#ixzz1yxWbLCWH[/URL]

Submit "Microsoft Is Buying Yammer" to Digg Submit "Microsoft Is Buying Yammer" to del.icio.us Submit "Microsoft Is Buying Yammer" to StumbleUpon Submit "Microsoft Is Buying Yammer" to Google

Comments