Microsoft and LinkedIn announced today that the two companies would become one after Microsoft purchases outstanding shares at $196 in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash.
The new organization will give Microsoft a big social graph for professional life and is interestingly announced just hours before Apple’s WWDC.
LinkedIn also owns the popular Pulse Reader for iOS/Web.
Filed under: Tech Industry Tagged: LinkedIn, Microsoft, WWDC
Recent Comments