Microsoft LinkedIn Deal: Microsoft Is All Set To Acquire LinkedIn For $26.2 Billion ($196 per share)
Today is a big day for the entire professional network as Microsoft announced that it is going to acquire LinkedIn, the number one professional network on the Globe for $26.2 billion. The Microsoft LinkedIn deal is all set to close this year itself. Both the boards have unanimously agreed to the proposal and a call will be generated later today to discuss the deal. The entire transaction will be in cash. Microsoft also made it pretty clear that LinkedIn will retain its brand identity and the current CEO Jeff Weiner is going to stay on post. But now, he is going to report to Satya Nadella, the Chief Executive Officer of Microsoft.
The world’s biggest professional network experienced a drastic increase of 48% in its share prices after the announcement. According to Satya Nadella, this Microsoft LinkedIn deal will help both the companies to augment their growth benefiting Microsoft Office 365 and Dynamics in the process. He plans to empower the entire professional network on Earth by providing the best resources with the help of the social media platform. This is CEO Satya Nadella’s largest acquisition since he joined office some two years back. Its previous acquisition of Yammer in 2012 did not perform as expected but LinkedIn, with its 433 million users worldwide is surely going to make a difference to the company on the whole.
How can this Microsoft LinkedIn deal benefit Microsoft?
Sales! That sweet word which sounds like music to the ears is one of the most ready benefits that Microsoft is going to get with LinkedIn. The tools of the professional network can help Microsoft to market its products more effectively. LinkedIn database has more than 400 million users at the moment and people use this professional network for a variety of reasons like finding jobs, recruiting members and networking. Thus, Microsoft cannot have a better way than the world’s largest professional platform to market its enterprise products and solutions.
How are users going to benefit from this acquisition?
Well, they will get all latest updates and news on Microsoft’s products from the professional network itself. In time, the company may also invent tools to market its products more effectively and people can use those tools in the premium version of LinkedIn to enhance their professional profiles. Microsoft has the world’s largest professional cloud system and LinkedIn is the world’s largest professional network. So, you get the hint of how the Microsoft LinkedIn deal can enhance the entire network of professionals on the globe?
All the social media networks are being flooded by this latest update of Microsoft LinkedIn deal as both the companies gear towards developing their future. It is not just Microsoft who is going to benefit from this acquisition but LinkedIn too is going to boost up its platform with the help of Microsoft’s products and solutions. Furthermore, Microsoft does not have an social social presence but now it will. So, how do you think both the companies will benefit from this much hyped acquisition? You can share your thoughts in the comments section given below. Your feedback is most welcome. Have a brilliant day!