Yammer Agrees To Sell To Microsoft For More Than $1 Billion

Posted on Jun 15 2012 - 3:52am by Editorial Staff

As expected, big story coming this morning, The Wall Street Journal citing “person familiar with the matter” reports that Microsoft is all set to buy business-software Company and the deal would be of more than $1 billion. There is no information yet that when the deal will take place or announced. Yammer —launched in 2008— often known as Facebook for the workplace and is web-based software which lets employees work together on projects and share information in an environment. Yammer has said it has more than four million corporate users, only 20% of which are paying for Yammer services. Probably, hoping that this over $1 billion Microsoft shopping will be worth of and payback to the giant.

Photo Credit: Robert Scoble via photopin cc

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.