Microsoft to buy Yammer for $1.2 billion

Microsoft Corp agreed to buy online social network firm Yammer Inc for $1.2 billion in cash, which will allow the software company to offer a service ...

June 26, 2012 / 10:00 IST
Story continues below Advertisement

Microsoft Corp agreed to buy online social network firm Yammer Inc for $1.2 billion in cash, which will allow the software company to offer a service like Facebook Inc's to corporate customers. Talk of a deal had circulated earlier this month, but the two companies only confirmed an agreement on Monday. Click here for full story

first published: Jun 26, 2012 09:51 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!