backtop


Print


  (Source: thesocialbulletin.com)
Yammer is a social network intended for businesses

Microsoft is looking to scoop up business software company Yammer Inc. for $1.2 billion in an effort to add a little something extra to its Microsoft Office software.

Yammer is a social network intended for businesses. It was released in September 2008 and offers private communication within organizations instead of broadcasting messages to the public (like Twitter). Yammer also offers other types of software and file-sharing tools.

Acquiring Yammer could be a great move for Microsoft because it will likely allow Office to provide additional social features. While Microsoft already has SharePoint, which is a Web application platform associated with Web content management and document management, SharePoint lacks features like social networking and document sharing -- which Yammer can provide.

In addition, there are many new companies that could pose a potential threat to Microsoft because they are looking to revolutionize the way people work. Some of these companies include Jive Software Inc. and Box Inc. But with Yammer on its side, Microsoft could still hold its dominant spot in the business software sector.

Yammer has already raised $142 million from venture-capital investors. This also includes a fundraising transaction in February.

No additional details have been released on the date of the acquisition's completion.

Earlier this month, Google picked up Quickoffice for mobile editing of Microsoft Office documents. Google has its own editing app for documents called Google Docs, but this only works with Office files like .doc, .xls and .ppt on a desktop computer. The search company currently doesn't have a mobile editing program for Office documents, hence the recent Quickoffice acquisition.

Source: The Wall Street Journal





"When an individual makes a copy of a song for himself, I suppose we can say he stole a song." -- Sony BMG attorney Jennifer Pariser






Most Popular ArticlesSony’s 4K OLED Smart TV
August 13, 2017, 6:20 AM
SoundCloud survives the budge scare
August 12, 2017, 6:38 AM
Ticwatch E and S on Kickstarter
August 11, 2017, 6:00 AM
MSI GL62M 7REX Gaming Laptop
August 14, 2017, 6:00 AM
HTC U11 – Newly Certified for Bluetooth 5.1
August 14, 2017, 6:58 AM

Latest Blog Posts
Xiaomi Mi 6 Smartphone.
Nenfort Golit - Aug 8, 2017, 6:00 AM
ASUS 23-inch Monitor
Nenfort Golit - Aug 4, 2017, 6:00 AM






botimage
Copyright 2017 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki