Microsoft has announced it will be shutting down Yammer and replacing it with Viva Engage. Yammer was acquired for $1.2 billion in 2012.
Yammer Is Now Viva Engage
San Francisco is where Yammer and its co-founders David O. Sacks and Adam Pisoni got their start back in 2008. Nearly four years after its inception, Microsoft made a billion-dollar offer to acquire the platform. Prior to that, Yammer had raised more than $140 million.
It’s remarkable that the Yammer name has survived this long. Despite Microsoft’s efforts to make Yammer more widely accessible by incorporating it into the company’s software suite. Many of the critics didn’t like the software because of the outdated features.