Why Microsoft Paid $1.2 Billion to Acquire Yammer
Microsoft has officially announced it has purchased Yammer for an amount of $1.2 billion in cash. Launched in 2008, Yammer is a social network for business – an intranet modern sort – allowing employees to exchange information and collaborate within their company. Yammer is often described as ‘Facebook for business’. Yammer has 5 million business…