article thumbnail

Yammer Acquired By Microsoft For $1.2 Billion

socalTECH

Yammer , the business focused micromessaging site patterned after Twitter, and spun out of Hollywood-based genealogy site Geni , has been acquired by Microsoft for $1.2 Yammer, which was headed by David Sacks, will become part of the Microsoft Office Division. billion in cash, Microsoft confirmed Monday.

Yammer 159
article thumbnail

Report: Yammer Being Acquired By Microsoft

socalTECH

Yammer , the business focused micromessaging service which started as an offspring of Los Angeles-based family tree and genealogy site Geni , is reportedly in the last legs of a deal to be acquired by Microsoft for more than $1 billion. According to Bloomberg and other sources, the deal is expected to be announced as early as Friday.

Yammer 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Yammer Dwarfs Parent Geni In Fundraising Round

socalTECH

In the case of the kid getting much (much) larger than its parent, Yammer , the one time spinout of Los Angeles-based genealogy and family tree website Geni , has now squarely out-raised venture capital than its parent firm, saying Wednesday that it has raised an $85M funding round. Geni is, however, an original investor in Yammer.

Yammer 145
article thumbnail

Interview with David Sacks, Geni and Yammer

socalTECH

Our interview this morning is with David Sacks, CEO of Geni.com, an online family tree and social networking site, as well as Yammer, the instant messaging startup spun out of Geni.com at TechCrunch50. We sat down with David to catch up on what Geni and Yammer are doing, plus got his insights into entrepreneurship and the Paypal mystique.

Yammer 133
article thumbnail

Yammer Adds Groups Functionality

socalTECH

Los Angeles-based Yammer, the corporate focused instant messaging service spun out of Geni.com, said today that the firm is updating its service and adding a new groups feature. According to Yammer, its new Groups feature allows messages and members on the site to be managed around specific groups within companies.

Yammer 100
article thumbnail

Yammer Gets Top Prize At Tech Conference

socalTECH

Yammer, a Twitter-like spinout out of high profile Los Angeles genealogy firm Geni.com, has scored the top prize at the TechCrunch50 awards in San Francisco. Yammer offers instant messaging focused on internal corporate communications, and is the result of work by engineers at Geni. Geni is the online, Web 2.0-style

Yammer 113
article thumbnail

Geni, Yammer Both Raise Funding

socalTECH

West Hollywood-based Geni, and instant messaging spinout Yammer have both raised $5M in funding from the firms' existing backers, Charles River Ventures and the Founders Fund, according to regulatory filings and reports. Geni and Yammer have both been fundraising since the middle of last year. READ MORE>>.

Yammer 100