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This Is The Real Reason Microsoft Bought LinkedIn

With apologies to  Bill Clinton ’s electoral guru  James Carvell : it’s all about the content, stupid. That’s why  Microsoft   MSFT -0.22%  has just made one of the boldest moves in its history by spending more than  $26 billion on LinkedIn . In an age of hyper-connections, the acquisition – which values  LinkedIn LNKD -0.18%  at $196 a share – is a smart one. It needs to be after a series of high-profile failures, such as Microsoft’s  doomed $6 billion acquisition of the Nokia  mobile  business . This new deal means Microsoft can embed LinkedIn with Skype, its email system and other Microsoft enterprise products so that, in the words of  one Silicon Valley expert , it will be able ‘to recreate the connective tissue for enterprises.’ SAN FRANCISCO, CA – MARCH 30: Microsoft CEO Satya Nadella delivers the keynote address during the 2016 Microsoft Build Developer Conference on March 30, 2016 in San Francisco, California. The Microsoft Build Developer Conference runs through Ap

MICROSOFT BUYS LINKEDIN FOR $26.2 BILLION

Deal is for $196 per LinkedIn share, a 50% premium to Friday’s close Microsoft  Corp.  snapped up LinkedIn  Corp.  for $26.2 billion in the largest acquisition in its history, betting the professional social network can rev up the tech titan’s software offerings despite recent struggles by both companies. The deal is Chief Executive Satya Nadella’s latest effort to revitalize Microsoft, which was viewed not long ago as left behind by shifts in technology. Mr. Nadella hopes the deal will open new horizons for Microsoft’s Office suite as well as LinkedIn, both of which have saturated their markets, and generally bolster Microsoft’s revenue and competitive position. Mr. Nadella said today’s work is split between tools workers use to get their jobs done, such as Microsoft’s Office programs, and professional networks that connect workers. The deal, he said, aims to weave those two pieces together. “It’s really the coming together of the professional cloud and the professi

Microsoft to acquire LinkedIn

REDMOND, Wash., and MOUNTAIN VIEW, Calif. — June 13, 2016 —  Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. 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. LinkedIn is the world’s largest and most valuable professional network and continues to build a strong and growing business. Over the past year, the company has launched a new version of its mobile app that has led to increased member engagement; enhanced the LinkedIn newsfeed to deliver better busi

Microsoft Surface Phone: Major Leak Reveals Processor, RAM, Price, and Release Date

Competition in the smartphone market is getting hotter as major manufacturers are moving up the ladders of innovation and introducing path-breaking features. We told you in a previous report today that the  Galaxy S8 will get a 4K BioBlue display , which alone shows how innovative Samsung is. Meanwhile, Apple is preparing the iPhone 7, and recent leaks and rumors indicate that the phone may not be as unexciting as we were supposing it to be. But amidst all this humdrum, Microsoft seems to have disappeared from the scene completely, and the Microsoft Surface Phone is still nowhere to be seen. Thankfully, we have spotted some really exciting news about the smartphone today, and the information leaked is really amazing. The Chinese microblogging site Weibo, which is a regular source of major leaks and rumors, is full of new information about the Surface Phone today. According to the new details, the Surface Phone will come with the next-gen Snapdragon 830 processor, which is e

HMD TO ENTER THE MOBILE MARKET

HMD global founded to create new generation of  Nokia-branded smartphones, feature phones and tablets. Senior telco leaders secure key partnerships with  Nokia , Microsoft & FIH Mobile Ltd. HMD global founded to create new generation of Nokia-branded mobile phones and tablets Helsinki, Finland – 18 May, 2016  – Nokia-branded mobile phones and tablets are set to return to the global consumer market, created by a new company, HMD global Oy (“HMD”). HMD has been founded to provide a focused, independent home for a full range of Nokia-branded mobile phones and tablets. HMD has signed a strategic licensing agreement with Nokia Technologies, the advanced technology and licensing unit of Nokia Corporation, giving HMD sole use of the Nokia brand on mobile phones and tablets worldwide for the next decade, and cellular standard essential patent licenses. HMD intends to leverage and grow Nokia’s global brand reach, delivering beautifully designed, high quality products to people