“Microsoft Acquires LinkedIn” in a $26.2 billion cash deal has been major news recently.
It’s Microsoft’s largest acquisition by far, and the beginning of an ambitious attempt to reassert itself in the technology market. Steven Tweedie, Deputy Editor at Business Insider, explains the details behind the momentous occasion as Microsoft acquires LinkedIn.
LinkedIn CEO Jeff Weiner will remain CEO of the company, reporting directly to Microsoft CEO Satya Nadella. According to Nadella, “This deal brings together the world’s leading professional cloud with the world’s leading professional network.” The two companies will work together to integrate LinkedIn’s data and technology into Microsoft’s existing software. The potential outcomes are remarkable – imagine receiving a stream of specialized advice from LinkedIn experts when Microsoft Office recognizes that you’re trying to complete a certain task. LinkedIn will also be able to plug in, detect the kind of project your working on, and source relevant articles to your news feed.
Engagement for both LinkedIn and Office 365 will see a huge increase, and user experiences will become even more intelligent and exciting. Nadella believes both companies share a common mission centered on empowering people and organizations.