Yammer founder and CEO David Sacks sold his company to Microsoft for $1.2 billion in June. At the TechCrunch Disrupt SF conference, Sacks sat down with TechCrunch founder Michael Arrington to talk to him about the acquisition. “Selling your company is always a hard decision,” stated Sacks. “You want to make sure it makes sense, and it’s something you want to do.”
Sacks also pointed out that Microsoft was not the first offer that they had, but said that Microsoft made sense because it has more products and assets that are complementary to the enterprise social network.
“There was never a time we shopped around the company,” said Sacks. “What happened was people came to us.”
Salesforce.com CEO Marc Benioff was not a fan of Yammer’s sale to Microsoft. Sacks said that he can understand why Mr. Benioff is concerned. He indicated that Salesforce could be nervous at Yammer being integrated with certain Microsoft products like Skype and SharePoint. “It’s not a combination that I’m sure he relishes,” said Sacks.
Sacks said that he has made a long-term commitment with Microsoft after the acquisition is completed.