Microsoft has announced today that it is acquiring LinkedIn for $26.2 billion. LinkedIn will retain its own brand and and existing CEO Jeff Weiner will remain.
“The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals. Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we seek to empower every person and organization on the planet.”
Microsoft is planning to close its acquisition later this year.