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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.

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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>>.

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Microsoft’s $1.2 Billion Acquisition of Yammer Complete

Tech Zulu Event

Microsoft in late June announced to have acquired social network for enterprises Yammer at $ 1.2 He says,” all closing conditions for Microsoft’s acquisition of Yammer have been met, and the deal is completed”. He says,” all closing conditions for Microsoft’s acquisition of Yammer have been met, and the deal is completed”.

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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

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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. Most social networking sites have a problem with having lots of pageviews, but advertising that isn't very valuable.

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Social Networking and Business Value

SoCal CTO

Just a quick note that I'll be moderating a Technology Council Event : Social Networking as a Business Strategy May 19, 2009 - Culver City Social networking media are used on a daily basis to grow businesses and expand career opportunities. This Panel will explore issues such as: How can companies best utilize social networking media?

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Geni Hit By Downtime

socalTECH

According to Geni, it had "network difficulties" starting the morning of Tuesday, October 20th, with the firm taking the site down at 3:45PM to investigate. No reason for the downtime was given, however, the downtime at Geni paralleled a similar, more widely reported downtime issues at sister firm Yammer. READ MORE>>.

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