(Reuters) - Microsoft Corp
Microsoft's interest in Yammer, known for its social networking functions, could allow the software giant to beef up its offerings for corporations.
A Microsoft spokesman declined to comment. A representative from Yammer did not immediately respond to a request for comment.
Backed by PayPal co-founder and Facebook
Bloomberg, which first reported the deal, said the announcement about the transaction was expected at the end of June.
(Reporting By Jennifer Saba; Editing by Marguerita Choy)