Microsoft Snaps Up Yammer For $1.2 Billion

  • Playlist
  • Download
  • Embed
    Embed <iframe src="http://www.npr.org/player/embed/155751295/155751286" width="100%" height="290" frameborder="0" scrolling="no">
  • Transcript

The business move is the software company's attempt to get a social network in its portfolio. Yammer is like Facebook but for business settings. It allows employees to see what colleagues in the same company are doing.

STEVE INSKEEP, HOST:

NPR's business news starts with some yammering.

Microsoft is buying the tech startup Yammer for $1.2 billion, thus proving that you can get a 10 figure sales prices for a company called Yammer. It's the company's attempt to get a social network in its portfolio. Now Yammer, if you're not familiar with it, is like Facebook, but for businesses. It allows employees to see what colleagues in the same company are doing - in case you can't learn that at the water cooler.

Some analysts think Microsoft paid too much for Yammer and that it's coming to the social network game to late.

Copyright © 2012 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR’s programming is the audio.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.