June 25, 2012 – Microsoft said it will pay $1.2 billion in cash for Yammer, the emerging enterprise social network provider it plans to sync up with its Office, Skype and cloud offerings.

Yammer enables on-demand portals to create and join private, in-house social networks with related analytics and collaborative tools. Microsoft, in a statement on the proposed deal, said it would continue to develop Yammer’s offerings as well as connect them to its own collaboration features for SharePoint, Office 365, Microsoft Dynamics and Skype, the video-phone provider which it purchased in the fall of 2011 for $8.5 billion.

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