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Ovum comments: Microsoft acquires Yammer for $1.2 billion

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Desperate to get a slice of the burgeoning enterprise social networking market, Microsoft has finally announced that it has acquired Yammer for $1.2 billion.

Richard Edwards, principal analyst at Ovum considers why the big interest in enterprise social networking and what this acquisition could bring Microsoft.

"Many employees at the junior (and now senior) end of the workforce live aspects of their personal lives through Facebook and Twitter, so the idea of introducing similar kinds of tools into the workplace seems to make sense from a communication and collaboration point of view. It's not just Microsoft eyeing-up the opportunities afforded
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.