Microsoft to acquire LinkedIn for $26.2 billion... This is huge!

June 13, 2016

Microsoft is buying LinkedIn for $26.2 billion, the company announced on Monday.

Microsoft will pay $196 per share for the company.

LinkedIn CEO Jeff Weiner will remain CEO of the professional social network, and will report directly to Microsoft CEO Satya Nadella.

Under the terms of the acquisition, LinkedIn will maintain its "distinct brand, culture, and independence," and Microsoft says LinkedIn cofounder and chairman of the board Reid Hoffman and Weiner "both fully support" the purchase.

The deal is expected to be completed this calendar year.

LinkedIn shares jumped 48% following the news in pre-market trading. Microsoft shares, which were halted in pre-market trading pending the news, have since re-opened and fallen as much as 5.2%.



LET’S START A NEW PROJECT TOGETHER!



October 31, 2017

Softimpact will be at this year's Web Summit. More than 60,000 attendees from more than 150 countries will be gathering for four days of legendary networking.

October 30, 2017

Since a website is your door to the online world, you have to design it to take into account the consistently changing social guidelines, or you're doomed. You can do that while staying remarkable, unique and inventive.

September 28, 2017

The customers in todays world are on the move and theyre using mobile application platforms to get there You have to build your own mobile app and be prepared to grow.

September 25, 2017

Website push notifications are interactive messages that are sent by a site to their subscribers browsers.

August 30, 2017

your website has 20 seconds or less to make a first impression, and its important to make it a good one. You can accomplish this by looking fresh and new.

Load More Load More

Share the story with your friends!

Softimpact. All Rights Reserved © 2017

GET IN TOUCH

SITEMAP

© 2017, Softimpact. All Rights Reserved

COME FOR A CHAT
COFFEE ON US...

ADDRESS
Aamal Center, 6th floor,
Barbar Abou Jaoude Street
Jdeideh Highway, Lebanon

Contact

Contact Phone Tel + 961 1 890888
Fax + 961 1 890888

FOLLOW US ON