Microsoft has agreed to acquire business software company Yammer for more than $1 billion, a person familiar with the matter told The Wall Street Journal.
The report did not indicate when the acquisition is expected to be announced or completed.
Yammer representatives declined to comment.
San Francisco-based Yammer is sort of like Facebook for companies: employees can post, share, and discuss items. It’s become an integral tool for many startups, but it’s also big among larger businesses. More than 80 percent of Fortune 500 companies use Yammer. If Microsoft buys Yammer, it could help the tech titan modernize with social-enterprise tools.
Humanity is constantly trying to make sense of the great beyond, namely space. For this,…
As technology evolves, industries are seeking more efficient, high-performance semiconductor solutions to power the next…
KIP Protocol, the Web3 Base Layer for AI, launched what are called Superior AI Agents, the…
As lower cost AI models boost adoption, this global investor believes we’re on the cusp…
Yesterday, Elon Musk's social media site X experienced three separate outages, which Musk attributed to…
The Tech Panda takes a look at recent tech launches. Streaming: BSNL launches BiTV for…
![](data:image/svg+xml;charset=utf-8,<svg height="154px" width="500px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)