Microsoft Buys Yammer For $1.2 Billion: WSJ

Posted: Jun 15 2012, 2:16am CDT | by , in Rumors | Technology News

Microsoft buys Yammer for $1.2 Billion: WSJ

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Microsoft aquires Business software company Yammer for $1.2 billion reports the Wall Street Journal citing a person familiar with the matter.

The rumor that Microsoft buys Yammer appeared yesterday. The Wall Street Journal has now a new report that says that Yammer has agreed to the terms and sells for $1.2 billion to MS.

It is not clear yet when the official announcement will be made. There is still a chance that this is not going to happen at all. Yammer got founded in 2008 and provides services to businesses to establish internal social networks.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
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