Monthly Archives: June 2012

Microsoft Corporation buys business networking site Yammer

It has been confirmed that Microsoft has bought office social networking site, Yammer, for $1.2bn (£770.6m). The four year old site has around five million users and operates like Facebook for communication purposes within companies. Reports had emerged that the two companies were negotiating a deal, with Microsoft confirming their plans on 26th June 2012. […]