Microsoft to acquire business social network Yammer: The Wall Street Journal

Microsoft to acquire business social network Yammer: The Wall Street Journal

“The purchase of Yammer could add more social features to Microsoft Office, which for years has been a core business for the Redmond, Wash., giant,” said The Wall Street Journal.

Yammer is a closed social network for enterprises that facilitates communication between employees. The service is often described as a “Facebook for business.”

According to Forrester Research social enterprise apps are expected to become a $6.4 billion market by 2016.