It's Yammer time for Microsoft with latest buy
Yammer, the social network which “brings the power of social networking to the enterprise”, has been bought by Microsoft for an estimated $1.2bn (£768m).
The move comes as Microsoft tries to expand upon its complementary cloud services and, more importantly, fend off competition from Google for its influential Office products.
The money involved is hefty, but small change compared to the $8.5bn (£5.4m) Microsoft shelled out for Skype last year.
From Microsoft’s perspective, Yammer will be...