{"id":87982,"date":"1999-12-31T00:26:00","date_gmt":"1999-12-30T13:26:00","guid":{"rendered":"http:\/\/smartoffice.com.au\/forget-facebook-microsoft-nabs-yammer-1-2bn\/"},"modified":"1999-12-31T00:26:00","modified_gmt":"1999-12-30T13:26:00","slug":"forget-facebook-microsoft-nabs-yammer-1-2bn","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/forget-facebook-microsoft-nabs-yammer-1-2bn\/","title":{"rendered":"Forget Facebook, Microsoft  Nabs Yammer $1.2Bn"},"content":{"rendered":"<p>Software giant buys the &#8216;Enterprise Social Network&#8217;<\/p>\n<table style=\"\" align=\"Right\" border=\"0\" cellpadding=\"4\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td height=\"300\" width=\"300\"><img decoding=\"async\" src=\"http:\/\/smartoffice.com.au\/wp-content\/uploads\/articleimages\/201206251124426581f_300x300.jpg\" border=\"0\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Microsoft announced a definitive agreement to acquire Yammer, for $1.2 billion in cash. <\/p>\n<p>The deal was flagged several weeks ago, although a far higher price tag of $12bn was reported. <\/p>\n<p>Yammer allows instant messaging between employees, is a &#8220;private&#8221; social network and would be an important weapon against the might of messaging services from Google and even Facebook. <\/p>\n<p>Microsoft says it plans to &#8220;accelerate Yammer&#8217;s adoption alongside Microsoft SharePoint, Office 365, Microsoft Dynamics and Skype.&#8221;<\/p>\n<p>Yammer will continue to develop its standalone service and its commitment to cross-platform experiences, Microsoft said in a statement. <\/p>\n<p>Yammer will be absorbed by Microsoft&#8217;s Office Division, led by division President Kurt DelBene.<\/p>\n<p>&#8220;The acquisition of Yammer underscores our commitment to deliver technology that businesses need and people love,&#8221; said Steve Ballmer, CEO, Microsoft. <\/p>\n<p>&#8220;Yammer adds a best-in-class enterprise social networking service to Microsoft&#8217;s growing portfolio of complementary cloud services.&#8221;<\/p>\n<p>Launched in 2008, It currently has five million users in over 200,000 organisations in the three years (including 85%of the Fortune 500).<\/p>\n<p>Major corporate users include Deloitte, Ford, Nationwide, 7-Eleven, Orbitz Worldwide and Telefonica O2. And Yammer has a few things in common with Facebook &#8211; both the Enterprise and Network share the same first investor, Peter Thiel. <\/p>\n<div class=\"NFBreak\" style=page-break-before:always contenteditable=\"false\">&nbsp;<\/div>\n<p>&#8220;When we started Yammer four years ago, we set out to do something big, said David Sacks Yammer CEO, who says &#8220;joining Microsoft will accelerate that vision and give us access to the technologies, expertise and resources we&#8217;ll need to scale and innovate.&#8221;<\/p>\n<p>The acquisition is still subject to regulatory approval, however. <\/p>\n<p>Yammer was named &#8220;Innovative Application Software Company Under $100 Million to Watch,&#8221; by analysts IDC last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Software giant buys the &#8216;Enterprise Social Network&#8217;<\/p>\n","protected":false},"author":41,"featured_media":93901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[28,25],"tags":[],"class_list":["post-87982","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-archive","category-services","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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