Microsoft has agreed to acquire business software company Yammer for more than $1 billion, a person familiar with the matter told The Wall Street Journal.
The report did not indicate when the acquisition is expected to be announced or completed.
Yammer representatives declined to comment.
San Francisco-based Yammer is sort of like Facebook for companies: employees can post, share, and discuss items. It’s become an integral tool for many startups, but it’s also big among larger businesses. More than 80 percent of Fortune 500 companies use Yammer. If Microsoft buys Yammer, it could help the tech titan modernize with social-enterprise tools.
Artificial intelligence has moved beyond experimentation and is now actively reshaping how Managed Service Providers…
The Tech Panda takes a look at recent tech launches. Fintech: First-of-Its-Kind Forex Card with…
In my previous benchmarks [1, 2], I showed that LLMs can successfully solve most Leetcode problems.…
Organizations are investing heavily in AI with the promise of faster work, better collaboration, and…
Cloud security firm Britive announced that its unified privileged access management (PAM) platform is now…
The Tech Panda takes a look at recent launches in the superfast field of Artificial…