Professional social network created in 2003, LinkedIn, will be bought by Microsoft for the impressive sum of 23.3 billion euros.
Microsoft and LinkedIn announced Monday it has entered into a definitive agreement under which Microsoft will LinkedIn acquisition for an amount of approximately $ 26.2 billion, or 23.3 billion euros. According to the statement of LinkedIn, the professional social network “will retain its distinct brand, culture and independence.”
In practice, this will mean maintaining Jeff Weiner as CEO of LinkedIn, which is simply attached to Satya Nadella, Microsoft CEO. Both sides indicate that the transaction should be “finalized during the calendar year.”
This is the largest amount since the acquisition of WhatsApp by Facebook in 2014.
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