Tag Archives: david sacks

Microsoft updates enterprise social road map, highlights momentum on Yammer acquisition anniversary

Microsoft delivers on its enterprise social vision with accelerating user, customer and engagement growth.

REDMOND, Wash. — June 25, 2013 — Today marks one year since Microsoft Corp. announced its acquisition of Yammer, the leading provider of enterprise social networks. Since the acquisition, Microsoft’s enterprise social momentum has accelerated in all areas, including new users, paid customers, user engagement, innovation, and the ecosystem of partners selling and connecting to the Yammer platform.

Twelve-month growth highlights include the following:

  • Registered users have grown by more than 55 percent to nearly 8 million.
  • Paid networks increased more than 200 percent year over year.
  • Yammer user activity (i.e., messages, groups and files) has approximately doubled year over year. (more…)

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Yammer Accelerates Momentum Following Microsoft Acquisition

Quadruples sales in Q4; surpasses 7 million users.

SAN FRANCISCO — Feb. 20, 2013 — Yammer, Inc., a best-in-class Enterprise Social Network and part of the Microsoft Office Division, today announced record growth in 2012 and accelerating momentum following the Microsoft acquisition.

2012 Highlights

• Full-year 2012 sales nearly tripled year-over-year (ended Jan. 31, 2013)

• Fourth-quarter sales quadrupled year-over-year (ended Jan. 31, 2013)

• Number of paying customers increased 165 percent in 2012

• Surpassed 7 million registered users (more…)

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Microsoft to Acquire Yammer

Microsoft extends cloud services with best-in-class enterprise social networking.

REDMOND, Wash., and SAN FRANCISCO — Microsoft Corp. and Yammer Inc. today announced that they have entered into a definitive agreement under which Microsoft will acquire Yammer, a leading provider of enterprise social networks, for $1.2 billion in cash. Yammer will join the Microsoft Office Division, led by division President Kurt DelBene, and the team will continue to report to current CEO David Sacks.

“The acquisition of Yammer underscores our commitment to deliver technology that businesses need and people love,” said Steve Ballmer, CEO, Microsoft. “Yammer adds a best-in-class enterprise social networking service to Microsoft’s growing portfolio of complementary cloud services.” (more…)

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