Satya Nadela make a smart move and in a breakthru deal Mircosoft aquires the social media gaint LinkedIn.
According to Microsoft news "Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. Reid Hoffman, chairman of the board, co-founder and controlling shareholder of LinkedIn, and Weiner both fully support this transaction. The transaction is expected to close this calendar year."
This is the bigest news to start your weekend with more enthusism. This is one of the biggest acquisition in the history of Mircosoft. LinkedIn in india's biggest used social media site by the professionals. So here my thoughts says that connecting LinkedIn with Microsoft office will be really thrilling and exciting. This acquisition will help out Microsoft to gain more customer from LinkedIn user base.
"I have always had a great admiration for LinkedIn, I have been talking with Reid and Jeff for a while I have been thinking about this for a long time." said Mr Nadela.
Here is the video. source youtube.
According to Microsoft news "Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. Reid Hoffman, chairman of the board, co-founder and controlling shareholder of LinkedIn, and Weiner both fully support this transaction. The transaction is expected to close this calendar year."
This is the bigest news to start your weekend with more enthusism. This is one of the biggest acquisition in the history of Mircosoft. LinkedIn in india's biggest used social media site by the professionals. So here my thoughts says that connecting LinkedIn with Microsoft office will be really thrilling and exciting. This acquisition will help out Microsoft to gain more customer from LinkedIn user base.
"I have always had a great admiration for LinkedIn, I have been talking with Reid and Jeff for a while I have been thinking about this for a long time." said Mr Nadela.
Here is the video. source youtube.
