Expansion to social networks: Microsoft buys LinkedIn for higher value WhatsApp – CenárioMT
Variety TECHNOLOGY
Microsoft announced that it had reached an agreement for the purchase of LinkedIn. The social network for professionals should be acquired for a total of US $ 26.2 billion, about $ 196 per share. The LinkedIn brand will be retained and become part of the Redmond giant as CEO Jeff Weiner will answer Satya Nadella. The deal was closed by a higher value than the purchase of WhatsApp by Facebook in 2014 for $ 21.8 billion.
LinkedIn team created a fantastic business to connect r the world’s professionals, “said Nadella.” Together, we can accelerate the LinkedIn growth, as well as Microsoft Office 365 and Dynamics as we seek to empower every individual and organization in the world. “
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The new features implemented by the social network last year, as the new mobile application, improved timeline and platform acquisition Lynda.com of education were cited as some of the reasons that made the LinkedIn grow and become interesting in the Microsoft vision. Weiner explained that the acquisition of the company can offer to both
Just as we change the way the world connects to the opportunity this relationship with Microsoft, combined with cloud them and LinkedIn, gives us the chance to change, too, how the world works. In the past 13 years positioned ourselves solely to connect professionals to make them more productive and successful, and I look forward to take our team to the next chapter of our history. “
The hope is that Microsoft and LinkedIn join their knowledge in the corporate world to facilitate the daily lives of companies and employees. The Redmond giant has hardware and software for this – especially the second – and should take advantage of the LinkedIn network to better connect professionals from different areas. And of course, take advantage of to improve their tools and expand the business.
The transaction was unanimously approved by the boards of directors of both companies, and is now awaiting approval of the shareholders LinkedIn and analysis of regulatory agencies. There will also be a conference of the two companies to discuss the issue with investors.
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