Microsoft Acquire LinkedIn

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GribbleGrunger

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GribbleGrunger on 13 June 2016

Microsoft and LinkedIn Corporation on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. Reid Hoffman, chairman of the board, co-founder and controlling shareholder of LinkedIn, and Weiner both fully support this transaction. The transaction is expected to close this calendar year.

For more information, read the press release.

http://blogs.microsoft.com/firehose/2016/06/13/microsoft-to-acquire-linkedin/#sm.00004j7ve3bqnd3sx461vi8skctor

The PS5 Exists.

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Signalstar

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Signalstar on 13 June 2016

Why? And why so much?

http://www.youtube.com/watch?v=F1gWECYYOSo

Please Watch/Share this video so it gets shown in Hollywood.

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GribbleGrunger

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GribbleGrunger on 13 June 2016

Signalstar said:
Why? And why so much?

Isn't it the worlds largest online network?

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DirtyP2002

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DirtyP2002 on 13 June 2016

They hab 103 billion in cash overseas.
Why not spend it?

Imagine not having GamePass on your console...

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finalrpgfantasy

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finalrpgfantasy on 13 June 2016

That's an insane deal. Microsoft sure has a lot of money.

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Puppyroach

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Puppyroach on 13 June 2016

Considering the size on LinkedIn, this is most likely a huge win for MS.

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TH-Work

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TH-Work on 13 June 2016

Just WOW :O

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DirtyP2002

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DirtyP2002 on 13 June 2016

They should have bought Nintendo. Would have been cheaper as well.

Imagine not having GamePass on your console...

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Nautilus on 13 June 2016

26 billion dollars?Holy crap, they do sure have money to spend.

My (locked) thread about how difficulty should be a decision for the developers, not the gamers.

https://gamrconnect.vgchartz.com/thread.php?id=241866&page=1

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hunter_alien on 13 June 2016

Pretty good purchase if you ask me. Linkedin starts to become the only accepted CV in my country.

Vote the Mayor for Mayor!

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