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Yammer co-founder David Sacks leaving Microsoft, two years after $1.2B acquisition

Yammer co-founder David Sacks is leaving Microsoft, and the team developing the business-oriented social network will be folded into the Office 365 and Outlook development teams. Sacks announced the news on Twitter this afternoon, and Microsoft confirmed the changes in a statement to ZDNet’s Mary Jo Foley. The company said in the statement: “As we’ve seen… Read More

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Fuze jolts the enterprise video collaboration market, led by former Yammer execs

When Groupon took stock of the video-conferencing and collaboration tools being used inside the company, executives were surprised to discover a critical mass of employees who had started using an application called Fuze on their own. Fuze offers fast setup of HD video-conferences across a variety of devices, with integrated cloud storage and quick content sharing, supporting up to 25 participants at a time for free,… Read More

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Yammer tops 7M users, sales spike after Microsoft deal

Yammer, the business-oriented social network acquired by Microsoft for $1.2 billion last year, says its sales to businesses quadrupled in its fiscal fourth quarter, thanks in part to its newfound association with the Redmond company. Yammer, which competes with companies including Salesforce.com and Jive Software, says it added 290 new paying customers in the quarter,… Read More

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Microsoft completes Yammer deal for $1.2 billion

It has been a big week for Microsoft Office, with the release of the preview of its next major version. Now comes word that Microsoft has completed its $1.2 billion acquisition of Yammer, the business-oriented social network, which is joining the Microsoft Office Division. “We couldn’t be more pleased to welcome the Yammer team to… Read More

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Confirmed: Microsoft buying Yammer for $1.2 billion

Microsoft just announced an agreement to buy Yammer, the business-oriented social network, for $1.2 billion in cash. The company will join the Microsoft Office Division. The companies say in a news release, “Yammer will continue to develop its standalone service and maintain its commitment to simplicity, innovation and cross-platform experiences. Moving forward, Microsoft plans to… Read More