Business software company Yammer Inc has agreed to sell itself to Microsoft Corp for more than $1 billion, the Wall Street Journal reported, citing a person familiar with the matter. It was not certain when the deal would be completed and formally announced, the Journal said. San Francisco-based Yammer declined to comment, while Microsoft could not be reached for comment outside regular U.S. business hours. Read the full story at Reuters.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.