How Microsoft is benefiting from $1.2 billion Yammer acquisition?
Added On:6/26/2012 10:28:00 AM

In a bid to bring social networking features to its widely used suite of business software applications, Microsoft has reportedly acquired internet startup Yammer for $1.2 billion. 

As a matter of concern, it is found, Yammer Inc. is an enterprise social network service which was launched in September 2008. It was originally launched as an enterprise micro blogging service and subsequently evolved to become a full-fledged enterprise social network. Yammer facilitates users to create private social networks so employees within the same company can keep tabs on what colleagues are working on. 

It is found, working with Yammer is quite similar to Facebook's online social network which allows friends and families to track what's happening in each other's personal lives. 

Presently, Yammer counts more than 80 percent of Fortune 500 companies as clients. 

Buying Yammer would offer a strong social networking component to Microsoft’s Office suite as it will inherit millions of users across more than 200,000 different companies, market watchers believe. 

Market watchers further added, Microsoft’s latest acquisition is representing company’s latest attempt to adapt a major shift towards more Internet-connected services and social-networking tools. 

 

Check out latest IT news at itvoir.com



Tags: Microsoft, Yammer, it News, latest IT news, Fortune 500 companies , $1.2 billion deal
  

Related News

Marketing chief for the Windows unit has said that Microsoft’s approaching update to its personal computer operating system would be named Windows 8.1 and will be available to users by this year...

On Wednesday, Microsoft Corporation named its head of finance of its Office division, Amy Hood as the new Chief Financial Officer.
At the age of 41, Hood will be the first woman to hold the post...

Microsoft has officially declared the release of Windows Blue later this year and has said that they had sold 100 million Windows 8 licenses.The company had come under brutal condemnation for its tile...

News Archive - News
1  2  3  4  5  6  7  8  9  10  11  12  13  14  15    Older>>  

Palo Alto Networks, a network security company has appointed Anil Bhasin as the Managing Director – India and South Asian Association for Regional Cooperation (SAARC) regions. The appointment wi...

If the search engine giant, Google could have its way with being able to send money around to people as it does with the whole process of searching information, then sending and receiving money could...

Dell Inc, which has been in the middle of a takeover clash between activist investor Carl Icahn and the company's billionaire founder, resulted in a 79 per cent slide in profit as personal computer sa...

Panasonic, the Electronics Product Company has said that it is aiming to gain 8 percent market share in the smart-phone segment of the country within a year.
Manish Sharma, managing Director at P...

The flagship company Samsung Electronics, which leads the global market in high-tech electronics manufacturing and digital media is planning something secretively again. Samsung, which has a number of...

Google, in its annual developer’s conference in San Francisco revealed some new search tools. The search giant is trying to become the omnipotent, human-like "Star Trek" search engine that its e...

After a suit’s claim about the auto-complete entry feature of Google making offensive suggestions, a top German court has ordered Google to remove the function from the search engine.
The F...

Cisco System posted a higher than expected quarterly profit and said that its current quarter revenue could increase further.
Chief Executive, John Chambers said that the company was seeing good...

With the BlackBerry Z10 and Q10 being announced on January 2013, the company had shown that it could make a competitive smartphone. Now it needed a budget-friendly version that it could market to the...

Sharp, the Japanese electronics manufacturer has reshuffled its top management to help restore profitability and named a new President after seeing the regular loss.
The Osaka, Japan-based maker...
Top
Tags

Information provided on this page has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions.ITVoir.com, and its affiliates, information providers or content providers, shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this page, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information.
ITVoir.com,its affiliates, information providers and content providers shall have no liability for investment decisions or other actions taken or made by you based on the information provided.

Computer Vendors In India 
Computer Vendors In India - Delhi [Delhi]
Computer Vendors In India - Chandigarh [Punjab]
Computer Vendors In India - Mumbai [Maharashtra]
Computer Vendors In India - Banglore [Karnataka]
Computer Vendors In India - Agra[Uttar Pradesh]
Computer Vendors In India -Chennai[Tamil Nadu]
Computer Vendors In India - Kolkatta [West Bengal]
Computer Vendors In India - Kochi [Kerela]
Computer Vendors In India - Nagpur [Maharashtra]
Computer Vendors In India - Gurgaon[Haryana]
Follow us on:


 
 



 


 
Mr. Virendra Gupta, Co-Founder & MD, NewsHunt provides inp..

Mr. Virendra Gupta

Co-Founder & MD , NewsHunt

Mr. Virendra Gupta, Co-Founder & MD, NewsHunt provides inputs on the company

 

Mr. Sunil Srivastava

India Sales and Marketing Manager , Shenzhen Rapoo Electron..

Mr. Sunil Srivastava, India Sales and Marketing Manag..

Mr. Ravi Sunderarajan

Vice - President, Sales and Marketing , Gupshup

Mr. Ravi Sunderarajan, Vice - President, Sales and Ma..

 


 
SanDisk Global Product Launch_Hon Wai Cheah Gavin Wu and Manisha Sood unveiling the new product rangeIntel India announced the launch of Intel Future Scientist program in the state of KarnatakaPuneet Chadha, Director GSB, HP-IPG & Siddharth Malhotra, Director Arun&Rajive Pvt. Ltd. - unveiling the HP Wall ArtSeagate Back-up Plus Launch – (L-R) Mr. Futoshi Nizuma, Mr. Benshen Teh, Mr. Nermount Hoh and Mr. Rajesh Khurana unveiling the new product. Toshiba launches AOC TV appoints Ms. Kalki Koechlin as the Brand Ambassador; showcases new range of LCD & LED TVsFujitsu Launches two new Ultrabooks, LIFEBOOK    UH572  and LIFEBOOK    U772 in India. Asus associates with Intel and Microsoft launches mainstream Ultrabooks S Series and Thin and Light notebooks F series. L- R Mr. Unaez Quraishi, Sales, Mr. Alex Huang, MD,  System business Group, Asus India, Mr. Sumeet Gugnani, Director - Multinational Accounts, Microsoft India - Mr. Sandeep Aurora, Director of Marketing, Intel South Asia.
 

 

The most user friendly operating system?

  • Windows
    [97.62%]
  • Mac OS
    [2.38%]
  • Linux
    [0%]