socalTECH
JUNE 14, 2012
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.
socalTECH
JUNE 25, 2012
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.
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Tech Zulu Event
JULY 19, 2012
Microsoft in late June announced to have acquired social network for enterprises Yammer at $ 1.2 According to the Jared Spataro Senior Director, Office Division, Microsoft in a blog post the firm had met all the requirements regarding the acquisition. Yammer was launched in 2008 and raised $142 million then.
socalTECH
SEPTEMBER 30, 2008
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.
SoCal CTO
NOVEMBER 17, 2009
A typical day starts with email, Facebook, LinkedIn, Twitter, and Yammer checks/updates. Our new customer acquisition has grown and our costs have plummeted. We are actually getting paid now to obtain customers, so our customer acquisition costs are now negative. A negative customer acquisition cost!
Both Sides of the Table
FEBRUARY 7, 2013
RedBeacon was the 3rd winner (year 1: Yammer, year 2: Mint.com) – not bad company. RedBeacon went on to sell to HomeDepot in what was considered a very successful acquisition on all sides. But Ethan had left by the time of the acquisition. In the same year they won Business Insider’s Startup competition. Nice sweep!
socalTECH
NOVEMBER 28, 2012
As part of the acquisition, Geni.com's founder, David Sacks, joins MyHeritage's board of directors. Los Angeles-based genealogy site Geni.com has been acquired by MyHeritage , an online genealogy website. Financial terms of the buy were not disclosed.
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