Microsoft Purchases Yammer for $1.2 Billion

Yammer logoThe rumors are true, Microsoft has bought Yammer for $1.2 billion in cash. For those of you unfamiliar with Yammer, it is a social network platform built specifically for corporations. Businesses can set up a private network in which employees can post announcements, share files, create events, send messages, access a content management system, and use “extranet” which allows the business to keep in contact with customers and vendors. (more…)

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