Microsoft to Buy Yammer for $1 Billion

Facebook isn’t the only company that has billions to toss at innovative young tech startups; late last night, the Wall Street Journal claimed that Microsoft flexed its money muscle at Yammer, an enterprise-focused social networking and collaboration service that reportedly agreed to sell itself to Redmond for a cool $1.2 billion.

via Microsoft to Buy Yammer for $1 Billion.

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