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Microsoft To Acquire Business Social Network Yammer For $1.2 Billion
2012-06-15 10:48:41

Microsoft will reportedly acquire Yammer Inc., a cloud-based social network for business collaboration, for $1.2 billion, the Wall Street Journal reported late Thursday, citing a source familiar with the matter. It is unclear when the acquisition will be completed and announced, according to the source. Bloomberg News had reported news of a potential acquisition earlier in the day on Thursday, citing sources familiar with the negotiations. Spokespersons for Microsoft and San...

2011-05-10 11:20:00

SAN FRANCISCO, May 10, 2011 /PRNewswire/ -- NetSuite SuiteWorld 2011 -- During the keynote address at SuiteWorld 2011, Zach Nelson, CEO of NetSuite (NYSE: N) - the leader in cloud computing business management software - and David Sacks, CEO of Yammer - the leader in enterprise social networking - announced a new integration between Yammer and NetSuite that allows mission-critical data to be socialized within the enterprise. The new joint product demonstration showed how activities taking...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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