The Biggest Tech Acquisitions Of 2012

Bangalore: With every passing year, billions shed by tech titans to acquire their favorites including potential rivals is touching new heights. 2012 was also not short of big IT acquisitions, with some interesting moves as hardware manufacturers ventured into software, IT players stepped into areas like social media, which resulted in some large buyouts.

Here are the biggest tech acquisitions of the year.

Microsoft Buys Yammer

Cost: $1.2 Billion              

Microsoft’s acquisition of Yammer, a cloud based enterprise social networking company came at a cool $1.2 billion. The Software giant has bigger plans for bolstering its social media presence with Yammer, which has more than 5 million corporate users. Microsoft plans to continue it as a standalone service, while also integrating it into the products including Skype and Office 2013, which could be a blow to other enterprise software companies such as Salesforce.

Read: 10 Most Inspiring Tech Companies Of 2012

Also Read: Tech Companies Which Reaped Billions In 2012