Microsoft buys LinkedIn by 26,200 million – Telemundo

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NEW YORK (AP) – in a surprise move, Microsoft announced Monday that it is buying the professional networking site LinkedIn for about 26,200 million dollars. Is by far the largest acquisition in Microsoft, because it exceeded the acquisition of Skype, for which the company paid 8,500 million in 2011.

LinkedIn, based in Mountain View, California, has more than 430 million members. Users use the network to contact other professionals, post their resumes and search for jobs and labor councils on the site itself or through its apps.

It is expected that the agreement will materialize this year. LinkedIn will keep its name and independence. Jeff Weiner remain as CEO of LinkedIn, but the CEO of Microsoft, Satya Nadella will report.

Microsoft Corp., which is headquartered in Redmond, Washington, said it is paying $ 196 per LinkedIn action Corp., a premium of 50% of share closing Friday of $ 131.08.

for Microsoft, the deal will mean having access to hundreds of millions of users of LinkedIn as well as an opportunity to be founded as a technology company for professionals in the world, helping them find jobs and learn new job skills.

“Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we seek to empower each individual and organization on the planet, “Nadella said in a statement.

office 365 is a subscription version of the traditional office software package. Dynamics is a software tool that helps companies make tracking sales prospects and other “customer relations”.

The agreement “makes sense and helps complete the portfolio of applications company for business, “said analyst Kirk Materne, the firm Evercore.

LinkedIn shares were up 47% in morning trading on the stock markets on Monday. Shares of Microsoft were down 3.9% to $ 49.48.

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