
Microsoft Corporation (NASDAQ:MSFT) has agreed to purchase Yammer, a social media website used for businesses, for $1.2bn, said a person familiar with the deal. According to this person, the company is set to announce the acquisition in late June. Dee Anna McPherson, a spokesperson for Yammer, and Frank Shaw, a spokesperson for Microsoft, both declined to comment on the deal. Yammer, a company launched in 2008, is a social networking website that is used by businesses...
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