Posted Jun. 26, 2012 at 6:04 a.m.

Premium Lock Microsoft buys Yammer for $1.2B in enterprise social media play

Published: 2012-06-26 06:04:23
Updated: 2012-06-26 06:04:23

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Yammer provides features - similar to those found on Facebook - to more than 200,000 companies such as Ford Motor Co. and EBay Inc. The purchase will help Microsoft compete with corporate-social features like Salesforce.com Inc.'s Chatter product, as well as startups such as Jive Software Inc. and Asana Inc....

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