Chat with Softimpact
+961 1 890 888
+961 1 890 999
Home
Profile
Services
WEB DESIGN & DEVELOPMENT
TAILOR MADE SOLUTIONS
SOCIAL MEDIA MARKETING
Mobile / TV Applications
THE WALL 360 CMS
WEB SERVICES
Cubix ERP/CRM
Portfolio
Recent
Websites
Mobile / TV Applications
Intranet Applications
Social Media
Branding
Facebook Applications
Highlights
Blogs
Clients
Quotation
Contact
FAQ
s
Careers
Menu
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%.
Back To Blogs
The Services We Offer
WEB DESIGN
& DEVELOPMENT
Tailor Made
Solutions
Mobile / TV
Applications
eMarketing
Social Media
Web
Services
Cubix
ERP/CRM
POPULAR ARTICLES
April 14, 2026
Meta Introduces New Logo and Upgrades for Meta AI
April 14, 2026
Do Developers Still Matter in the Age of AI?
April 20, 2026
Google introduces new feature to organize chats and files inside Google Gemini
LET’S START A NEW PROJECT TOGETHER!
May 04, 2026
When Reputation Isn’t Enough And Marketing Alone Won’t Save You
In todays fast-moving digital world, businesses often fall into one of two categories. Some have built exceptional reputation, trusted by clients, known for results, and active online and on social platforms yet they dont rely on marketing as their...
Read More
April 23, 2026
Mobile & Smart TV Apps: Your Business, Everywhere
Your audience is no longer sitting behind a desktop screen. Theyre scrolling on their phones, streaming on their TVs, and expecting instant, seamless experiences wherever they are.
Read More
April 20, 2026
Google introduces new feature to organize chats and files inside Google Gemini
Google has announced the rollout of a new Notebooks feature for users of its Gemini app, expanding access beyond its previously paid AI subscription users. The feature allows users to store conversations, files, and sources within a single project.
Read More
April 14, 2026
Meta Introduces New Logo and Upgrades for Meta AI
Meta Platforms has introduced a new visual identity for its AI assistant, Meta AI, as part of a broader update to its artificial intelligence ecosystem. The refreshed Meta AI logo accompanies the launch of Muse Spark, a new AI model developed by...
Read More
April 14, 2026
Do Developers Still Matter in the Age of AI?
The narrative that AI will replace developers is everywhere. But the reality in 2026 tells a very different story. Instead of reducing their reliance on developers, organizations are redefining their role. Many companies are now facing a shortage...
Read More
Load More
Visit Our News