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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