Microsoft to Acquire LinkedIn for $26.2 Billion

Microsoft to Acquire LinkedIn for $26.2 BillionMicrosoft has announced that it has entered into a definitive agreement to acquire LinkedIn for $26.2 billion.The deal will see LinkedIn retain its distinct brand, culture and independence and Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. The transaction is expected to close this calendar year.Nadella said: “The LinkedIn team has grown a fantastic business centred on connecting the world’s profess