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Tuesday, 14 June 2016

Official: Microsoft acquires on Linked In exchange for a huge sum

Official: Microsoft acquires on Linked In exchange for a huge sum

Microsoft officially announced the acquisition of the professional social networking "site LinkedIn" in exchange for a huge sum of money estimated at $ 26.2 billion.

The new acquisition is considered the third largest acquisition in the history of the technology sector, and it seems that Microsoft is intending behind this process of being strongly present in the market for social networking sites through the gate LinkedIn especially to compete with the leading in this field site "Facebook"

Featuring professional social networking site LinkedIn more than 430 million active user using the site in order to communicate with employers, professionals and publish their resumes for those interested, and despite the acquisition process, LinkedIn will maintain its structure and its brand in addition to the CEO, "Jeff Weiner ".

And it is expected to be the ratification of the acquisition process formally during the current year.

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