The Redmond giant just got the world’s most complex organizational chart: Microsoft has announced its acquisition of professional networking site Linkedin with an all-cash buyout of $196 per share, or a staggering USD26.2 billion, or roughly Php1.21 Trillion when converted to our local currency.
The said move was initiated by Microsoft 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:
This new Microsoft acquisition is expected to complete before the year ends.
YugaTech.com is the largest and longest-running technology site in the Philippines. Originally established in October 2002, the site was transformed into a full-fledged technology platform in 2005.
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Easy E says:
Ganun ang value ng LinkedIn? Sinong nagsabi na nalulugi ang $MSFT
qazw says:
Kelan ba nalugi ang MSFT? Mas lalo pa nga sila kumita ng malaki: http://www.statista.com/statistics/267805/microsofts-global-revenue-since-2002/