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July 19, 2012 08:16 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TdBsE9gOqaM/
Microsoft Completes Its $1.2B Yammer Acquisition
Microsoft just announced that it has now officially completed the acquisition of Yammer, the four-year-old social networking company for enterprises. All the closing conditions have now been met and the Yammer team will now officially join the Microsoft Office Division. After weeks of rumors, the $1.2 billion acquisition was first announced in late June. According to Microsoft, the company is looking forward to "accelerating the adoption of Yammers standalone service, and enhancing the social capabilities in Microsofts communication and collaboration offerings."Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TdBsE9gOqaM/
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