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Here's a play from out of left field that comes as a surprise. Microsoft is acquiring LinkedIn for $26.2 Billion USD. Microsoft's CEO Satya Nadella believes that LinkedIn is a prefect for Microsoft, and we can see his point. Microsoft has been focusing on the enterprise market more and more lately, and LinkedIn is the dominate social media website for remaining professionally connected.
Microsoft has promised to give LinkedIn the room to keep running independently. They will even keep the company CEO, Jeff Weiner, in place. Furthermore, Microsoft intends to integrate the LinkedIn network into its other services and apps. This includes Office, Skype and Cortana.
This is a brilliant way for Microsoft to push into the social networking industry in a more impactful way than they have been able to previously. The company plans to finish the acquisition before the close of 2016. What do you think?
Check out the video below with Weiner and Nadella discussing the buyout.
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