Microsoft in serious discussions to buy Yammer, an enterprise social collaboration company, according to reports.
Citing unnamed sources,
Bloomberg Thursday reported that Microsoft may be willing to pay more than $1 billion for Yammer. An agreement could be reached as soon as tomorrow, the report said.
Acquiring Yammer would significantly boost Microsoft's place in the
enterprise social software business, analysts said..
To date, Microsoft has positioned its SharePoint Web application platform as a social collaboration tool, they added.