Microsoft To Buy Yammer?
An anonymous reader writes "Microsoft seems to have a pocketful of billions sitting around. First Skype, now Yammer – an enterprise social network service launched back in September 2008 that looks almost like Facebook minus the title bars. According to Bloomberg, the deal could reach up to a billion dollars. To date, Yammer claims 200,000 companies which include more than 400 of the 500 Fortune companies. One reason for the purchase may stem from their social-like Sharepoint platform which has been a lost cause to solutions by Salesforce.com and Oracle."
My employer tried Yammer, then installed Sharepoint. Nobody used Yammer after Sharepoint became available, and not many use Sharepoint now. People don't tend to post drivel about work like they do about their personal lives.
What's the point in buying all these startups? I really don't see that it works out much in the end. Is it about patents? I simply don't see the justification to buy startups that are here today and gone tomorrow. Rather than spending billions to buy current competitors, why not pump those same billions into improving existing products. For every startup that produces lots of useful things, there seems to be ten that do nothing but cost cash because either the buying company does nothing with it or the innovations that the company that was acquired are technically meaningless.
Taxation is legalized theft, no more, no less.