Thank you to my current and former YamFamily for 6 great years and to Microsoft for the last two. I look forward to new adventures.
— David Sacks (@DavidSacks) July 24, 2014
Microsoft and Yammer two years ago announced that they have entered into a definitive agreement under which Microsoft will acquire Yammer, a leading provider of enterprise social networks, for $1.2 billion in cash. Yammer joined the Microsoft Office Division, led by then division President Kurt DelBene, and the team continued to report to CEO David Sacks. Microsoft developed Yammer both as a standalone service, and enhancing the social capabilities in Microsoft’s communication and collaboration offerings under Office division. While the momentum around Yammer is still growing, Yammer co-founder David Sacks announced via Twitter that he is leaving Microsoft. Also, Microsoft is now moving Yammer under Office 365 organization in which Yammer organization will work together with Outlook and Office 365 Shared teams.
Microsoft provided the following statement regarding these changes,
Yammer is an integral part of Office 365 and it is being used by more than 500,000 organizations to transform how they work every day. Since we acquired Yammer in 2012 we have been working together to bring the integrated benefits of enterprise social to all our Office 365 customers. As we’ve seen the Yammer experience extending throughout Office – giving people new ways to collaborate and work together – it’s now time to bring the Yammer organization together with our Outlook and Office 365 Shared teams as the next logical step in delivering an integrated set of social, collaboration, and communication experiences that enable companies to work like a network.
“We thank David for his commitment to Yammer and Microsoft and wish him the best in his future endeavors. Yammer has grown tremendously since the acquisition in 2012, and is now an integral part of Office 365 and used by more than 500,000 organizations. As part of our long term plan, David has played an instrumental role over the past two years in building a strong leadership team to set a solid direction for Yammer as part of Microsoft Office 365 and our vision for enterprise social.