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With $100 billion in cash on its balance sheet, Microsoft (MSFT 0.44%) decided to make a big purchase. The software giant is acquiring LinkedIn (LNKD.DL) for $26.2 billion. Microsoft hasn't been ...
In a match made for the cloud, software giant Microsoft is acquiring professional social networking site LinkedIn for $26.2 billion in cash. By teaming up, the companies aim to connect ...
REDMOND, Wash., and MOUNTAIN VIEW, Calif. — June 13, 2016 — Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under ...
In one of the biggest tech mergers of all time, Microsoft said Monday that it's buying LinkedIn in a deal valued at $26.2 billion. It's Microsoft's largest acquisition ever and is not coming cheap.
Microsoft has agreed to buy professional social network LinkedIn for $26.2 billion. The software giant hopes to jump-start its software packages by connecting them with LinkedIn's vast network.
LinkedIn was a stand out of Microsoft’s latest earnings report, as the business social network saw a 37 percent jump in revenue and record highs in engagement and number of jobs posted.
Microsoft’s $26.2-billion acquisition of LinkedIn aimed to grow the professional networking site and integrate it with Microsoft’s enterprise software, such as Office 365. The move allowed Microsoft ...
Microsoft is buying LinkedIn for $26.2 billion, a deal in which one of the world's biggest social networks will join a software and computing giant as it tries to broaden its reach in online services.
NEW YORK, June 28 (Reuters Breakingviews) - Most corporate acquisitions deteriorate over time, but Microsoft’s (MSFT.O), opens new tab $26 billion deal for LinkedIn keeps getting better.
The social network for professionals, which is owned by Microsoft, cut about 1% of its workforce in its latest round of layoffs, The Information reported, citing a LinkedIn spokesperson.
Microsoft is scooping up LinkedIn for $26.2 billion, the companies said on Monday, in the tech giant's biggest acquisition yet. Microsoft will pay $196 per share in cash for the ...
Microsoft has reached a deal to acquire LinkedIn for $26.2 billion — the largest acquisition in the tech company’s history — to dive into the social-networking realm and secure a new ...