Gadgetory

microsoft it by linked it okay i don't know who saw this coming but microsoft announced it will acquire the social network linkedin it's an all-cash deal where microsoft will pay 196 dollars per share which makes the acquisition worth twenty six point two billion dollars so we'll linton be rebranded something like microsoft business social connect nope the announcement state that linkedin will retain its distinct brand culture and independence the CEO of linkedin jeff weiner will remain CEO and will report directly to microsoft CEO satya nadella the deal was approved by both boards of directors at microsoft and linkedin linkedin is controlling shareholder who is also a co-founder reid hoffman supports the deal this is not microsoft's first investment in the social network back in two thousand seven Microsoft invested 240 million dollars in facebook for a 1.6 percent equity stake according to who owns facebook com the value of Microsoft's Facebook investment is now one point three six billion dollars if you're try to figure out exactly what Microsoft will do with LinkedIn and email from satya nadella says linkedin will work well with office 365 and Microsoft's advertising business linkedin CEO says to expect lynda.com integration in office lynda.com is an online education company owned by linkedin that teaches users all kinds of skills including understanding how to use Microsoft products that's it for this tech news update on Maya's akhtar you can stay on top of the biggest stories at cnet com / update