Feeds

Microsoft's $1bn Yammer gobble gabble blabbed by insiders

Talks underway on biznet buy, 'tis whispered

Boost IT visibility and business value

Microsoft is reportedly in talks to snap up enterprise social network Yammer for over $1bn.

Redmond is currently discussing the acquisition and it could make up its mind as early as tomorrow, people familiar with the matter told Bloomberg.

Yammer was set up in 2008 and is used by over 200,000 companies, including Shell, DHL, eBay and Ford. Former Facebooker Sean Parker sits on its board of directors, and the company also had the same first investor as Facebook: venture capitalist Peter Thiel.

The network, which was set up by former PayPal chief operating officer David Sacks, claims to have raised $142m in venture funding so far and makes its money by charging for social networking and collaboration tools for businesses.

Microsoft has been dipping its toes in social networking, recently launching so.cl, its own network which mainly socialises Bing searches alongside posts and media sharing. Slurping Yammer could give the software giant more social skills, as well as possibly adding to cloudy products for corporate customers. ®

Build a business case: developing custom apps

More from The Register

next story
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.