Microsoft,Goes,Social,with,New computer Microsoft Goes Social with Newest Purchase
Gone are those times when the companies and the organisations didn't need a hi-tech system to handle them. Owing to the considerable increase in the business sector and thus, an enormous increase in the complexity of the organisational struc ----------------------------------------------------------Permission is granted for the below article to forward,reprint, distribute, use for ezine, newsletter, website,offer as free bonus or part of a product for sale as longas no changes a
With Yammer, businesses can create a private network fortheir employees.And, like Facebook, each employee can share files, postannouncements, create events and message each other.The site allows companiesto communicate with its customers and its vendors, too, through a contentmanager system.Created in 2008, Yammer has generated $142 million in venturefunding.Its funding was originally raised by Peter Thiel, who was also thefirst major investor for Facebook.Even though its purchase of Yammer underscores(Microsofts) commitment to deliver technology that businesses need and peoplelove, according to Microsoft CEO Steve Ballmer, the company was eager toacquire the network, which by the way, claims to have more than five millioncorporate users and eighty percent of the Fortune 500 list.In a jointstatement, the companies informed their users that Yammer, Will continue todevelop its standalone service, and will now provide its clients with complementaryofferings from Microsoft SharePoint, Office 365, Microsoft Dynamics and Skype.Yammeris to become a part of Microsofts Office division.Though executives of thecompany evaded answering questions asked by journalists after the initial pressrelease, Microsoft did state that Yammer and its staff will remain in itsoriginal location of San Francisco, instead of being required to relocate toMicrosoft headquarters in Redmond, Washington.Microsoft also released its newtablet last week, Surface.The computer is designed to run on the companysnewest operating system, the highly anticipated Windows 8, and will competewith Apples iPad.Microsoft is also facing threats from Google, who has createdan assortment of toolbox programs similar to Microsofts but instead of beinglocated on a single computer, will be accessible via the Internet.Its manyfervent attempts to keep up with the fast paced and viciously competitivetechnological environment has not seemed to entice many investors.Microsoftstock fell by almost three percent, dropping eighty-two cents to $29.88.Microsoftsnewest acquisition has not yet released its revenue.Rick Sherlund, an analystfor Nomura Securities, has estimated that Yammers revenue was anywhere betweenfifteen million and twenty million last year.With Facebooks massive screw up onthe IPO market in May, it isnt likely that Microsofts stock will see greatimprovement any time soon, either.Yammers CEO and co-founder, David Sacks,insists that negotiations between the two companies were in the works beforeFacebooks unfortunate start.Sacks also claims that the decision was not a resultof shaky market conditions.Our thinking was based on the fit with Microsoft andthe fact that we think Microsoft is a great partner for us in expanding the serviceand taking it to the next levelBusiness Management Articles, said Sacks.
Microsoft,Goes,Social,with,New