Will This Acquisition Help Microsoft Break Into Social Media?
The deal, first reported by Bloomberg News, would enable Microsoft to ramp up its offerings for enterprise customers, given that almost 80 percent of Fortune 500 companies are clients of Yammer. Microsoft could also take advantage of Yammer’s social networking capabilities.
No comments were available from either Microsoft or Yammer, though the transaction is expected to close by the end of June, according to the Bloomberg report.
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