SOFTWARE DEVELOPER Microsoft closed its buyout of enterprise social networking firm Yammer today, less than a month after the companies struck the deal.
The $1.2 billion cash agreement was announced last month and will see Yammer join Microsoft's Office Division, led by its present CEO David Sacks.
"We couldn't be more pleased to welcome the Yammer team to the Microsoft Office Division. We're excited about the road ahead," Microsoft Office division senior director Jared Spataro said in a blog post.
"We look forward to accelerating the adoption of Yammer's standalone service, and enhancing the social capabilities in Microsoft's communication and collaboration offerings."
Microsoft said that Yammer will exist alongside its other products including Sharepoint, Office 365, Microsoft Dynamics and Skype.
Kurt DelBene, president of the Microsoft Office Division said last month in a blog spot that he is keen on the addition and explained how it will improve enterprise social networking.
"The combination of Yammer, SharePoint and Office 365 will provide the most comprehensive and flexible solutions for enterprise social networking. Over time, I see opportunity for exciting new scenarios by adding Yammer's stand-alone service alongside and integrated into our collaboration offerings with SharePoint, Office 365, Dynamics and Skype," he said.
"I picture people being able to use Yammer to manage and expand their professional relationships, share and collaborate on Office documents, stay informed about content updates, and to seamlessly move from status updates and feeds into voice and video conversations."
Yammer users have been advised that their experience of the system will not change. µ
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