Microsoft acquires LinkedIn with a whooping sum of $26.2 billion dollars on Monday at $196 per share in an all cash deal. Microsoft CEO Satya Nadella, he specifically pointed out that from this acquisition, the integration will focus on “insights” and “cloud platforms.”
Microsoft will get access to the data generated by LinkedIn users around job searches, and also access to LinkedIn’s training platform, Lynda.com, and its audience and data. This will help boost Microsoft’s social media presence among professionals.
It was noted in an official press release that LinkedIn will remain its own entity and CEO Jeff Weiner will stay at the helm but report to to Microsoft CEO Satya Nadella.
LinkedIn neither run on Microsoft’s Azure cloud nor office365 which is believe to be Microsoft’s first priorities. Other integration could include skype for LinkedIn to with video interviews for job candidates, but also to assist with learning through the Lynda.com which is also owned by LinkedIn.