Every day we start our morning with a cup of coffee in one hand and other with newspaper, what happen when you read some big news in the headline, your heartbeat increases and curiosity to read the news is raise. Same thing was happened with me when I read the latest news that Microsoft is planning to obtain LinkedIn.
Mr. Satya Nadella “CEO of Microsoft” is an American Business Executive born in India announced on Monday 13 June 2016 that they make definitive agreement under which Microsoft is acquire LinkedIn for $196 per share and all in cash transaction which values to $26.2 billion.
Satya Nadella announced LinkedIn will be distinct from Microsoft and Jeff Weiner will stay on as CEO, reporting to the CEO of Microsoft Mr. Satya Nadella.
In the year April 2015 LinkedIn Acquired one educational site named Lynda.com , it is LinkedIn’s company which provided thousands of video courses in relevant to different fields such as business skills , creativity & software. The company is also updated & added some new features with new course page, new note taking feature & a faster slimmer player. In the breaking news I read that the acquisition also includes the educational website Lynda with LinkedIn.
The query arise in everyone’s mind is why Microsoft is acquiring LinkedIn; there must be some good reason behind this agreement between both the companies. We all are familiar with Microsoft and LinkedIn very well.
Microsoft Corporation is an American Multinational Company was founded in April 4 1975 at Albuquerque, New Mexico, United States by Bill Gates & Paul Allen. Currently Mr. Satya Nadella is the CEO of the company. The company develops computer software, electronic items & manufacture personal computer with many other services.
On the other side LinkedIn is a admired social networking site which is specially identified for its business oriented & professional network for the small businesses & entrepreneurs. The company was founded in 14 December 2002 and was launched on May 2003. Founder of LinkedIn is Reid Hoffman, Konstantin Guericke, Jean-Luc Vaillant, Allen Blue, Eric Ly, headquarter at Mountain View, California, United States. The CEO of LinkedIn is Mr. Jeff Weiner, a young and dynamic American Businessman.
Now come to the point after a small introduction of both the companies, our point is why Microsoft is acquiring LinkedIn? LinkedIn is become the excellent platform & support for small business owners, this social media network has extensive growth since its foundation date December 2002. Currently LinkedIn is having around 433 million members all over the world and 155 million people visit the site in every month. The above line indicates the reason about why Microsoft is shows interest to acquire LinkedIn.
Nadella said this about the acquisition:
“This agreement brings together the world’s leading professional cloud with the world’s leading professional network. I have been learning about LinkedIn for some time while also reflecting on how networks can truly differentiate cloud services. It’s clear to me that the LinkedIn team has grown a fantastic business and an impressive network of more than 433 million professionals”
Above are the words of Nadella regarding the acquisition of LinkedIn; Nadella is an American Business Executive, his perspective & ideas for the growth of business is very clear, the vision of Nadella is going to make an another achievement for Microsoft. Nadella make out LinkedIn as a vehicle through they are planning to develop Microsoft 365 office and Dynamic CRM products.
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