Microsoft to buy LinkedIn for $26 billion

Microsoft is buying the professional social network LinkedIn for $26.2 billion (£18.5bn), the two companies have announced.

The news, announced on Monday afternoon, instantly sent LinkedIn’s share price soaring by 50 percent. The deal will represent one of the biggest in Microsoft’s history.

Microsoft said LinkedIn boss Jeff Weiner would stay in charge and report to Satya Nadella.

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>