Microsoft turning to Yammer to beef up social tools, reports say

Microsoft is in discussions to buy Yammer, an enterprise social collaboration company, according to reports.

Citing unnamed sources, Bloomberg reported that Microsoft may be willing to pay more than $1 billion for Yammer. An agreement could be reached as soon today, the report said.

Acquiring Yammer would significantly boost Microsoft's place in the enterprise social software business, analysts said..

To date, Microsoft has positioned its SharePoint Web application platform as a social collaboration tool, they added.

"Regardless of what Microsoft might do with Yammer, assuming the rumors are true, the company will immediately make up a great deal of lost

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