Technology
Microsoft said to agree to buy Yammer for $1.2 billion
June 17, 2012
Microsoft Corp., the world’s largest software maker, has agreed to purchase Yammer Inc., operator of a social network for businesses, for $1.2 billion, said a person familiar with the matter.The deal is expected to be announced by the end of June, said the person, who asked not to be identified because the negotiations are private. Dee Anna McPherson, a spokeswoman for Yammer, declined to comment