Five Companies That Came To Win This Week

Microsoft Reportedly Ready To Pony Up $1 Billion To Buy Yammer

A report from Bloomberg that Microsoft might buy Yammer, the operator of social media networks for businesses, for more than $1 billion shows that the software giant isn’t about to stand by while Oracle and Salesforce treat the business social networking space like their own sparsely inhabited fantasyland.

One billion dollars [cue Dr. Evil sound bite here] is obviously a lot of scratch, but Yammer does have more than 200,000 customers and more than 4 million users. It has also raised around $142 million in venture capital to date, so obviously some pretty smart people see potential in the company.


Get the latest channel news to your inbox every morning with the CRN Daily newsletter.