Media News - Friday, June 15, 2012
Microsoft buys Yammer for USD 1.2bn
Amidst speculation of a pending deal, Microsoft has reportedly bought Yammer, a business-focused social network, for USD 1.2bn. This deal would provide Microsoft extensive social-networking tools that it could integrate into existing products for its corporate customers. Yammer, which is used by more than 200,000 companies, provides a “freemium” private social network for internal corporate use similar to Facebook. The purchase of Yammer by Microsoft could potentially add additional functionality, such as file sharing and chat, to Microsoft Office, which generates more than half of Microsoft’s annual operating income. Notably, Microsoft Office’s SharePoint already features some of these capabilities, though they are not widely used in the corporate environment, unlike Yammer. Neither party has yet to confirm the sale. (Forbes)
Subscribe
Join our Media News mailinglist with over 12.000 subscribers.
Search archive
The Media News archive contains over 15.000 items so it is advised to narrow your search.
Time Machine
| May 2013 | ||||||
|---|---|---|---|---|---|---|
| S | M | T | W | T | F | S |
| 1 | 2 | 3 | 4 | |||
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | 31 | |
Syndicate
Popular articles
- WikiLeaks announces partnership with Brazilian investigative journalism center
- Acclaimed photo was faked
- Euronews launches Arabic feed
- Iran: Leading women’s magazine forced to close
- US: Nonprofit website plans watchdog journalism for Orange County
- New website reaches out to EU Neighbourhood Journalists
- Internet censorship plagues journalists at Olympics
- Sweden: Tax on press advertising to be abolished
- MySpace opens doors to developers MySpace webpage
- Startup lets public test conversational Web search