— Microsoft CEO Steve Ballmer, Yammer CEO David Sacks and Microsoft Office Division President Kurt DelBene will hold a press teleconference June 25, 2012, at 11:30 a.m. PDT to announce that they have entered into a definitive agreement under which Microsoft Corp. will acquire Yammer Inc., a leader in enterprise social networking, for $1.2 billion.
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A moderated Q&A will follow prepared remarks by Ballmer, Sacks and DelBene. No additional interviews will be granted.
Photo and B-roll package have been posted to the Microsoft News Center.
A transcript of the prepared remarks from the teleconference will also post to the Microsoft News Center upon completion of the call.
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