Microsoft is Acquiring LinkedIn for $26.2 billion

Discussion in 'Android Tablet News' started by dgstorm, Jun 13, 2016.

  1. dgstorm

    dgstorm Editor in Chief Staff Member

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    Here's a play from out of left field that comes as a surprise. Microsoft is acquiring LinkedIn for $26.2 Billion USD. Microsoft's CEO Satya Nadella believes that LinkedIn is a prefect for Microsoft, and we can see his point. Microsoft has been focusing on the enterprise market more and more lately, and LinkedIn is the dominate social media website for remaining professionally connected.

    Microsoft has promised to give LinkedIn the room to keep running independently. They will even keep the company CEO, Jeff Weiner, in place. Furthermore, Microsoft intends to integrate the LinkedIn network into its other services and apps. This includes Office, Skype and Cortana.

    This is a brilliant way for Microsoft to push into the social networking industry in a more impactful way than they have been able to previously. The company plans to finish the acquisition before the close of 2016. What do you think?

    Check out the video below with Weiner and Nadella discussing the buyout.
     
    Last edited: Jun 13, 2016
  2. dgstorm

    dgstorm Editor in Chief Staff Member

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    Here's that video:

     
  3. BoloMKXXVIII

    BoloMKXXVIII Senior Member

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    Microsoft tends to be the kiss of death for companies they buy (see Nokia phones). I wonder what company will replace LinkedIn as THE place for business professionals to interact. I want to get in on the ground floor of their stock!
     

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