Microsoft to buy LinkedIn for $26.2B in cash, makes big move into enterprise social media

Microsoft to buy LinkedIn for $26.2B in cash, makes big move into enterprise social media

Huge news today in the world of M&A in enterprise and social networking services: Microsoft has announced that it is acquiring LinkedIn, the social network for professionals with some 433 million users, for $26.2 billion, or $196 per share, in cash. The transaction has already been approved by both boards, but it must still get regulatory and other approvals.

Comments