Microsoft snaps up cloud collaboration tool Yammer
Microsoft has further vindicated the idea of online social networking as a business tool by purchasing the enterprise collaboration firm Yammer for an estimated $1.2bn.
Yammer, which has often been called the ‘Facebook of business’, claims to bring “the power of social networking to the enterprise”. It allows co-workers to communicate and share information almost instantaneously using Facebook-style newsfeeds.
The move comes as Microsoft tries to expand upon its complementary cloud...