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Microsoft Corp Announces To Acquire Yammer


Monday, 25 Jun 2012 02:00pm EDT 

Microsoft Corp. and Yammer Inc. announced that they have entered into a definitive agreement under which Microsoft will acquire Yammer, a provider of enterprise social networks, for $1.2 billion in cash. Yammer will join the Microsoft Office Division, led by division President Kurt DelBene, and the team will continue to report to current CEO David Sacks. The acquisition is subject to customary closing conditions, including regulatory approval. About Yammer 

Company Quote

34.15
-0.46 -1.33%
23 May 2013