Microsoft has decided to aquire LinkedIn for an astronomical $26.2 billion.
Microsoft is bound to incorporate LinkedIn functionality into their forthcoming apps, and I’m quite excited to see how these pan out.
The deal is expected to complete by the end of the year, with both companies still operating separately. I’m guessing the Nokia merger taught them to leave things the way they were this time round!
It’s a strange maneuver as LinkedIn has had less than stellar quarterly reviews, with share prices falling.
In comparison Apple is valued at $568 billion and Sony at $34.1 billion
Let us know what you think to the deal below.