I am very excited to see the news “Microsoft Acquiring LinkedIn” on Monday morning. I have been working on Microsoft products from last 10 years and I love LinkedIn. “Satya Nadella” (the man of inspiration who made Indians proud especially “Telugu” people) announced the news on one of the video from Microsoft website.
“Satya Nadella” has made a first biggest deal as the Microsoft CEO. I believe this is the fantastic step by Microsoft and this is a big deal as Microsoft will be acquiring the world’s largest and the biggest professional social network LinkedIn for $26.2 billion, $196 per share.
“The LinkedIn team has grown a fantastic business cantered on connecting the world’s professionals, 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.”
By this deal Microsoft targeted Organization Growth by integrating Microsoft Office Business suite users with LinkedIn and Targeted advertising.
Jeff Weiner will continue as a CEO for LinkedIn and reports to Satya Nadella. LinkedIn shares surged 47 percent after the announcement on Monday to near $193, Microsoft’s stock was down 3.2 percent.
The deal has been approved by boards from both the companies and it is expected to be closed by end of 2016.
Thanks for another great article. Where anyone written such a perfect way of that kind of information might be? I have a presentation next week, and I’m on the search for such information.
Thanks for another great article. Where anyone written such a perfect way of that kind of information might be? I have a presentation next week, and I’m on the search for such information.