Microsoft to buy LinkedIn for $26.2 billion

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    Microsoft to buy LinkedIn for $26.2 billion


    Posted: 13 Jun 2016
    Microsoft to buy LinkedIn for $26.2 billion,Microsoft is buying social media company LinkedIn in an all cash deal for $26.2 billion.Microsoft announced a deal to acquire professional social platform LinkedIn for $196 per share Monday. The all-cash deal is valued at $26.2 billion.

    Shares of LinkedIn surged 48 percent after the announcement, while shares of Microsoft opened down 5 percent. Before the announcement, trading in Microsoft had been halted briefly for news pending.

    Jeff Weiner will stay on as CEO of LinkedIn and will report to Microsoft CEO Satya Nadella. The deal was unanimously approved by both companies' Boards of Directors, and is expected to close by the end of the calendar year. The acquisition is still subject to approval by LinkedIn shareholders, and regulatory approvals.
    Read more: Microsoft to buy LinkedIn for $26.2 billion
    z3r010's Avatar Posted By: z3r010
    13 Jun 2016



  1. Posts : 1,030
    Linux Mint / XP / Win7 Home, Pro, Ultimate / Win8.1 / Win10
       #1

    So, will LI members who use Linux have to install Windows 10 spyware/malware to use LI? Will all LI members be proactively assigned a Microsft Live account in order to log into LI?

    Inquiring minds want to know.

    (I'm glad to be retired...)

    Regards,
    GEWB
      My Computer


  2. Posts : 9,600
    Win 7 Ultimate 64 bit
       #2

    GEWB said:
    ...
    (I'm glad to be retired...)

    Regards,
    GEWB
    You and me three!

    Looks like LinkedIn will be soon be joining the graveyard of companies that MS bought and destroyed. Either that, or it will become a new tool in MS' spy network.

    And people wonder why I do not do social media.
      My Computer


  3. Posts : 1,797
    Win 7 Ultimate, Win 8.1 Pro, Linux Mint 19 Cinnamon (All 64-Bit)
       #3

    Can't say I've ever used LinkedIn. Used to get loads of emails from people wanting me to join up but I've blocked everything with regards to the company now.

    Never used it and never will.
      My Computer


  4. mjf
    Posts : 5,969
    Windows 7x64 Home Premium SP1
       #4

    I'm on Linkedin (like many) and wouldn't have guessed that takeover. Never say never - who knows what fiddling MS will do.
      My Computer


  5. Posts : 20,583
    Win-7-Pro64bit 7-H-Prem-64bit
       #5

    Hi,
    Yep looks like 10 will get another app to be removed in power shell :)
      My Computer


  6. Posts : 1
    Windows 7
       #6

    We'll see if this pans out better than Nokia, I guess...
      My Computer


  7. Posts : 9,600
    Win 7 Ultimate 64 bit
       #7

    Kelvin Tread said:
    We'll see if this pans out better than Nokia, I guess...
    I doubt it will.

    In other news (Microsoft to acquire LinkedIn for $26.2 billion | Fox News) ol' Nutella had this to say about the buyout:

    "“The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals,” said Microsoft CEO Satya Nadella, in a statement. “Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we seek to empower every person and organization on the planet.”

    It seems Office 365 can't stand on its own and Win 10 is enough to force it on people, so nutella and his cronies had to acquire another platform to use to push it on people?

    More disturbing news; MS may also have its sights on Twitter.
      My Computer


  8. Posts : 1,797
    Win 7 Ultimate, Win 8.1 Pro, Linux Mint 19 Cinnamon (All 64-Bit)
       #8

    Think it's about time for Nutella to stick on a toupee and grow a tiny moustache.... and I'm not talking about doing a Charlie Chaplin impression here!
      My Computer


  9. Posts : 9,600
    Win 7 Ultimate 64 bit
       #9

    Brds7t7 said:
    Think it's about time for Nutella to stick on a toupee and grow a tiny moustache.... and I'm not talking about doing a Charlie Chaplin impression here!
    I would laugh if there wasn't so much truth in what you say. Mad scientist world domination? 1984 all over again?
      My Computer


 
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