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Home » Microsoft to acquire Linkedin for Php1.21Trillion

Microsoft to acquire Linkedin for Php1.21Trillion

The Redmond giant just got the world’s most complex organizational chart: Microsoft has announced its of professional networking site with an all-cash buyout of $196PHP 11,502INR 16,611EUR 187CNY 1,427 per share, or a staggering USD26.2PHP 1,538INR 2,220EUR 25CNY 191 billion, or roughly Php1.21USD 0.02INR 2EUR 0.02CNY 0.15 Trillion when converted to our local currency.

microsoft-linkedin

The said move was initiated by CEO Satya Nadella, according to an email sent to Linkedin employees by their CEO Jeff Weiner. The latter will still be in-charge of the world’s largest professional site, while reporting directly to Nadella. Weiner also identified future plans for the integration of Linkedin’s services into the Microsoft ecosystem:

  • Lynda.com integration into Microsoft office and other productivity suites
  • Innovating alongside Microsoft on solutions within the enterprise that are ripest for disruption, e.g., the corporate directory, company news dissemination, collaboration, productivity tools, etc
  • connecting non-overlapping graphs of various kinds of data pertaining to business professionals, which could be used to further enhance both companies’ services and platforms (eg: Linkedin’s graph woven onto Microsoft apps, and vice versa)

This new Microsoft acquisition is expected to complete before the year ends.

Source: 1, 2, 3

Carl Lamiel
Carl Lamiel
Get in touch with Carl at @lamielcarl on Twitter or visit his website for more updates!
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