Sunday, July 1, 2012

Microsoft Seals Deal for Social Site Yammer

Microsoft Corp. struck a deal to buy Yammer Inc. for $1.2 billion in cash, a transaction that highlights a new trend in business software and perceived shortcomings in Microsoft's own products. Yammer is often called Facebook for the workplace, offering companies a kind of social network that is designed to be...

<A HREF="http://online.wsj.com/article/SB10001424052702304870304577488860890238078.html">Read More</A>

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