BroadVision Spikes On News Of Microsoft/Yammer Deal
Posted on June 15, 2012 at 18:05 PM EDT
BroadVision (BVSN) bolted 25% higher Friday, highlighting a shift of strength in the No. 40-ranked network solutions industry group. The gain appeared linked to news reports that Microsoft (MSFT) was set to spend $1.6 billion to bid for Yammer, a maker of social networking applications for businesses. The news follows the June 4 announcement that Salesforce.com (CRM)agreed to buy Buddy Media for an estimated $745 million in a deal expected to
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