Microsoft to Acquire LinkedIn for $26.2 Billion

PHOTO COURTESY: www.bbc.com

Ealier today, Microsoft announced that it will acquire LinkedIn for $26.2 Billion in an all-cash deal.

LinkedIn will retain its brand, culture and independence but the CEO will have to report to Microsoft’s CEO, Satya Nadella.

With 433 Million users, LinkedIn has faced challenges in the recent past over as a result of slow growth which affected its share prize.

Acquisitions

Pulse News App – 2013

Job Search for iOS and Android App – 2015

Slideshare, presentation App – 2015

Online Learning platform – Lynda.com – 2015

As Microsoft seeks to boosts its business, it will add its new Social Network, LinkedIn to its growing Productivity and Business Process segment.

@biznewsKE

info@biznews.co.ke

 

About the Author

Naomi Gloria
Just a computer Scientist.