Chat with Softimpact

SoftImpact

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!



1 day

In-app purchases (IAPs) are a key strategy for app monetization. They allow users to buy extra content, features, or services directly within an app. This guide explores the various types of IAPs, how they function, and how platforms like Adjust can...

4 Days ago

tiktok has announced the launch of its first artificial intelligence tool for converting still images into short videos within the stories feature, under the name tiktok ai alive. this new tool allows users to create animated visual content from...

May 07, 2025

Microsoft is making significant changes to its Authenticator app by phasing out password storage in favor of passkeys. Starting June 1, users will no longer be able to save new passwords in the app, and by July, autofill functionality will also be...

April 29, 2025

When people think of SEO, they often imagine a slow, months-long process before seeing any real results. But what if you could get a return on investment (ROI) much fasterwithout waiting for Google to catch up?

April 22, 2025

artificial intelligence (ai) could eventually replace the equivalent of 300 million full-time jobs, according to a report by goldman sachs. the technology is expected to automate about 25% of work tasks in the us and europe, especially in...

Load More Load More
Softimpact. All Rights Reserved © 2025 | Privacy Policy

GET IN TOUCH

SITEMAP

© 2025, Softimpact. All Rights Reserved | Privacy Policy

COME FOR A CHAT
COFFEE ON US...

Aamal Center, 6th floor,
Barbar Abou Jaoude Street
Jdeideh Highway - Lebanon
Contact Phone Tel: +961 1 890 888
Fax: +961 1 890 999
2, Genevis Street,
GENEVA COURT, Flat 301
3116 Limassol - Cyprus
Contact Phone Tel: +357 25 338 379
Fax: +357 25 338 379

FOLLOW US ON