Microsoft Creates “Yammer North” in Redmond to Learn New Software Tricks
Microsoft has been quietly operating a group inside its Redmond, Wash., headquarters called Yammer North in an effort to integrate Yammer into its vast software business, Venture Capital Dispatch has learned.
Last July Microsoft paid $1.2 billion in cash for the business social networking company, which was then about four years old. It was a deal that raised the valuations of enterprise startups throughout Silicon Valley, according to venture capitalists, but Microsoft executives considered it a coup.
