Microsoft Acquiring LinkedIn For $26.2 Billion

Microsoft LinkedIn

Microsoft is acquiring LinkedIn in an all-cash deal valued at $26.2 billion. Here’s LinkedIn’s announcement.

LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. Reid Hoffman, chairman of the board, co-founder and controlling shareholder of LinkedIn, and Weiner both fully support this transaction. The transaction is expected to close this calendar year.

Microsoft LinkedIn

Scott Beale
Scott Beale

Scott Beale is the founder of Laughing Squid and is based in New York City. When not running the blog, Scott can be found posting on Threads and sharing photos on Instagram.