{"id":15482,"date":"2012-06-15T09:13:32","date_gmt":"2012-06-15T07:13:32","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=15482"},"modified":"2012-06-15T11:57:13","modified_gmt":"2012-06-15T09:57:13","slug":"microsoft-to-acquire-yammer-for-1-billion","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/15482\/microsoft-to-acquire-yammer-for-1-billion\/","title":{"rendered":"Microsoft to acquire Yammer for $1 billion?"},"content":{"rendered":"<p>Business software company Yammer Inc has agreed to sell itself to <a title=\"Microsoft \" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1715-Microsoft\">Microsoft Corp<\/a> for more than $1 billion, the Wall Street Journal reported, citing a person familiar with the matter.<\/p>\n<p>It was not certain when the deal would be completed and formally announced, the Journal said.<\/p>\n<p>San Francisco-based Yammer declined to comment, while Microsoft could not be reached for comment outside regular U.S. business hours.<\/p>\n<p>Yammer, which began in 2008 and provides enterprise social networking services, has raised more than $142 million in venture capital funding.<\/p>\n<p>It says it counts more than 80 percent of Fortune 500 companies as clients, and is backed by <a title=\"PayPal\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1976-PayPal\">PayPal<\/a> co-founder Peter Thiel, who also invested in <a title=\"Facebook\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1710-Facebook\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":7,"featured_media":13498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[25,3171,169,3170],"class_list":["post-15482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-active","tag-business-social-network","tag-microsoft","tag-yammer"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/15482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=15482"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/15482\/revisions"}],"predecessor-version":[{"id":15494,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/15482\/revisions\/15494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/13498"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=15482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=15482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=15482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}