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

Popular posts from this blog

Learn The Inner Workings of the Game Development Industry

Notion Launches Quick Way to Import All Your Evernote Data

Hayden Desser - Make Believe (Official Video)