Microsoft purchases Yammer for $1.2 billion

guest · Jun 25, 2012

Source.

Neowin said:

It's official, Microsoft has purchased Yammer and below you can see the press release that just went live on Microsoft's press site. The Yammer acquisition is not all that surprising as information about the potential purchase hit the Internet a few weeks back. According to Yammer, the service is used by more than 80% of Fortune 500 companies which would appear to be the reason why Microsoft is interested in the company. For Microsoft, they will gain another product that is deeply linked within all of the major companies around the globe and Yammer will get a boatload of cash, a win-win for both companies.

Read more: http://www.neowin.net/news/microsoft-purchases-yammer-for-12-billion
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Microsoft purchases Yammer for $1.2 billion

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Microsoft purchases Yammer for $1.2 billion

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