Microsoft buys LinkedIn for $26.2 billion

Microsoft buys LinkedIn for $26.2 billionMicrosoft buys LinkedIn for $26.2 billionMicrosoft buysLinkedIn for $26.2 billion, making one of the biggest tech mergers in historyand giving the software giant a stake inprofessional world.LinkedIn was founded in 2002 and grew into the largest professional social network, with 100 1000000 active users and mora than 433 million accounts.Microsoft will acquire LinkedIn for $196 per share or $65 per user.Microsoft CEO Satya Nadella touted the pairing as a way to improve both companies.This combination will make it possible for new experiences such as a LinkedIn newsfeed that serves up articles based on the project you are working on and Office suggesting an expert to connect with via LinkedIn to help with a task youre trying to complete. As these experiences get more intelligent and delightful, the LinkedIn and Office 365 engagement will grow,Nadella wrote.In anemail to staff, Microsoft CEO Satya uncover last years milestonesOver the past year, the company has launched a new version of its mobile app that has led to increased member engagement acquired a leading online learning platform called Lynda.com to enter a new market and rolled out a new version of its Recruiter product to its enterprise customers.These innovations have resulted in increased membership, engagement and financial results, specifically19 percent growth year over year (YOY) to more than 433 million members worldwide9 percent growth YOY to more than 105 million unique visiting members per month49 percent growth YOY to 60 percent mobile usage34 percent growth YOY to more than 45 billion quarterly member page views101 percent growth YOY to more than 7 million active job listingsThe LinkedIn team has grown a fantastic business centered on connecting the worlds professionals, Nadella said. 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.Microso ft and LinkedIn released a video promoting the move.https//www.youtube.com/watch?v=-89PWn0QaaYShare Your Feedback or Ideas in the Comments