Typically, such transactions are carried out partly in cash and partly in shares of the buyer, but this time it was a transaction entirely in cash, and after Microsoft paid $ 196 for per share LinkedIn. Agreement was carried out fairly quickly, since it has already been officially approved by the boards of both companies.
The well-known software company does not intend to for the time being to make any changes in the portal. As CEO Jeff Weiner remains, and the company will retain its brand and independence in decision-making.
On this stage is not yet known how Microsoft intends to do with the portal and how to integrate it with their products and services. However, one may surmise that the Redmond company will try to connect new purchase Office, Cort and Skype.
currently, LinkedIn has 433 million users each month and the site is visited by 105 million people, of which 60% peeks at her mobile devices.
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