The New York Times:
Microsoft said on Monday that it was acquiring LinkedIn in a $26.2 billion cash deal, as the company seeks new sources of growth on the internet.
The acquisition, by far the largest in Microsoft’s history, unites two companies in different businesses: one a big maker of software tools, the other the largest business-oriented social networking site with more than 400 million members globally. Both, though, make most of their money by catering to professionals.
Does this mean LinkedIn will get more or less annoying?
more.
Oh Microsoft, this move seems so desperate.
Lynda.com will now purge any training materials that are not focused on Microsoft technology /s
Account closed.
It will become the marketing arm of Microsoft enterprise technologies. Likely the next iteration of Linkedin’s site won’t work on Macs for several years.
What little relevance Linkedin has for me just got a lot smaller.
I, for one, am looking forward to a whole new category of thought-leadership articles. /s
Just crazy IMHO. There might have been an actual strategy case for Yahoo at $20 billion (although certainly not the final offer of $44 billion), even given Microsoft’s track record with acquisitions. But LinkedIn? To quote the Bud Grossman character: “I don’t see a lot of money here.”
Say buh..bye to Linkedin….
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More annoying, of course. Nothing could make LinkedIn move towards less annoying.