Microsoft buys Linkedin for $26.2bn price tag

June 14, 2016 10:23

Microsoft has bought professional social network LinkedIn for $26.2bn in what is one of the biggest tech mergers in history.

https://www.youtube.com/watch?v=-89PWn0QaaY

The move dwarfs other major purchases by Microsoft, such as Skype which it purchased for $8.5bn in 2011, and Nokia which it acquired for $7.6bn in 2013, with Microsoft’s CEO Satya Nadella telling staff there would be a synergy in LinkedIn’s content and Microsoft’s cloud computing tools.

“This combination will make it possible for new experiences such as a LinkedIn newsfeed that serves up articles based on the project you are working on and Office suggesting an expert to connect with via LinkedIn to help with a task you’re trying to complete,” wrote Nadella.

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

Nic Christensen

Nic Christensen worked for Mumbrella from 2013 to 2016, in roles including deputy editor and media & technology editor. He is former media writer for The Australian and has also worked as a reporter for The Daily Telegraph and senior producer for Radio 2GB.

Topics