The answer to all of those questions with LinkedIn is squarely yes. To start, I consider if an asset will expand our opportunity - specifically, does it expand our total addressable market? Is this asset riding secular usage and technology trends? And does this asset align with our core business and overall sense of purpose? Given this is the biggest acquisition for Microsoft since I became CEO, I wanted to share with you how I think about acquisitions overall. Over the past year, the company has launched a new version of its mobile app that has led to increased member engagement enhanced the LinkedIn newsfeed to deliver better business insights acquired a leading online learning platform called to enter a new market and rolled out a new version of its Recruiter product to its enterprise customers. LinkedIn is the world’s largest and most valuable professional network and continues to build a strong and growing business. The transaction is expected to close this calendar year. Reid Hoffman, chairman of the board, co-founder and controlling shareholder of LinkedIn, and Weiner both fully support this transaction. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. LinkedIn will retain its distinct brand, culture and independence. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. So I went in search of quotes and reactions from others. Not to mention insulting to all the people Microsoft has 'let go' over the last year.īut then I'm just a casual observer and no business-to-business analyst. After all those trimmings and redundancies across the world to make Microsoft 'leaner and trimmer', to then go and spend a genuinely gigantic sum of money on an ostensibly disliked (professional) social network seems utterly insane. ![]() My initial reaction was one of horror, I have to admit.
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