Yammer’s Davis Sacks Departs Microsoft After Two-Year Tenure
July 24, 2014 at 17:54 PM EDT
Today Yammer’s founder and former CEO David Sacks announced that he will depart Microsoft, the software company that purchased his social enterprise startup for $1.2 billion. His exit, which comes two years after the June 2012 acquisition of Yammer, follows standard timing. When companies are purchased, existing employees are often given two-year contracts, sometimes with earnouts attached. Read More