Microsoft Announced it's Shopping of Yammer for $1.2 Billion 1

Microsoft Announced it’s Shopping of Yammer for $1.2 Billion

Microsoft Announced it's Shopping of Yammer for $1.2 Billion 2

Microsoft Chief government Steve Ballmer said: “The acquisition of Yammer underscores our commitment to deliver technology that companies want and other people love.” (Damian Dovarganes / Associated Press)

It’s been rumored for a moment currently, however the deal is currently official: Microsoft simply announced it’s shopping for enterprise-focused social networking supplier Yammer for $1.2 billion. Yammer can be part of Microsoft’s workplace division, with the team continuing to report back to its current CEO David Sacks.

Read moreMicrosoft Announced it’s Shopping of Yammer for $1.2 Billion