More details on the website of MS and on various new websites:
http://news.microsoft.com/2016/06/13/microsoft-to-acquire-linkedin/#sm.00018r8whannucwxxqm13b5e8s09n
Microsoft is buying the professional social network LinkedIn for $26.2 billion (£18.5bn) in one of the biggest technology deals in history.
The news, announced on Monday afternoon, instantly sent LinkedIn's share price soaring by 50 percent in pre-market trading. The deal be the biggest in Microsoft's history. Microsoft's shares fell 3.5 percent on the news.
Microsoft said LinkedIn boss Jeff Weiner would stay in charge and report to Satya Nadella.
“The LinkedIn team has grown a fantastic business centered on connecting the world’s 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.”
Microsoft says it's buying the professional social network company LinkedIn in a cash deal valued at $26.2 billion.
http://gizmodo.com/microsoft-to-buy-linkedin-1781877350
http://www.wsj.com/articles/microsoft-to-acquire-linkedin-in-deal-valued-at-26-2-billion-1465821523
http://www.telegraph.co.uk/technology/2016/06/13/microsoft-to-buy-linkedin-for-26-billion/
Cheers!
Chirag Gandhi
“We do not inherit the earth from our ancestors; we borrow it from our children.”
~~~ Native American Proverb
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