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.
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 technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.
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