Microsoft has finally closed its deal with the acquisition of enterprise social networking firm Yammer today, less than a month after both companies met an agreement.
Yammer will now be joining software development leader Microsoft in its Office Division, following the software firm’s acquisition of the enterprise network worth $1.2 billion USD in cash. Announced last month, current Microsoft Chief Executive Officer David Sack himself led the negotiation.
Jared Spataro, senior director of Microsoft’s Office division, posted in a blog how thrilled they are to welcome an additional workforce that would help contribute in the realization of their goals.
“We couldn’t be more pleased to welcome the Yammer team to the Microsoft Office Division. We’re excited about the road ahead.”
Microsoft is anticipating an amazing relationship with Yammer and hopes that, through the utilization of its services, the software giant will further be able to provide quality at its best to users in the area of enterprise social networking.
“We look forward to accelerating the adoption of Yammer’s standalone service, and enhancing the social capabilities in Microsoft’s communication and collaboration offerings,” Spataro added.
SharePoint, Office 365, Microsoft Dynamics and Skype are just several of the products of Microsoft, which are due to be working together with Yammer to provide more broad and robust solutions for its clients.
In a blog post last month by Microsoft Office Division president Kurt DelBene, he noted that he is enthusiastic on the new inclusion and elaborated on the possible output in the improvement of the firm’s 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,” DelBene said.
Yammer is a social networking firm that aims to build an environment of professional affairs, and develop a comfortably healthy atmosphere between progressive enterprises. It allows the transfer of business contents and formal conversations about current posts.
“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,” DelBene added.
Nonetheless, the software giant assures users of Yammer that their experience of the system will remain.
Yammer most recently raised $85 million in a February funding round, which brought it to $142 million in total funding.