Microsoft Spends A Whopping $1.2 Billion To Acquire Yammer: The Enterprise Social Network

Earlier this month, reports came out suggesting that Microsoft was under acquisition negotiations with the enterprise social network, Yammer. Well, it’s now official, but it took $1.2 billion in cash to make it happen. David Sacks the former COO of PayPal (until it was acquired by eBay) is the Founder and CEO of Yammer, Inc. … Read more