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.
In the last decade, purchasing and accessing products and services have undergone a radical transformation.…
In an exceptional achievement, Mumbai-based high school robotics team Sigma 9692 has won the prestigious…
The Indian gaming industry is sitting on an industry explosion in the near future as…
In today's fast-paced business world, when employee fulfillment and efficiency are crucial, technology has become…
The Tech Panda takes a look at how India has been attracting foreign businesses from…
India’s digital payments ecosystem achieved a record high in March, with UPI transactions reaching INR24.77…