Tag Archives: linkedin

Microsoft has offered concessions to EC competition regulators in the hopes of smoothing the way for its planned acquisition of LinkedIn. It announced the $26.2 billion deal this June. Reuters reports the development follows a meeting between the Commission and Microsoft executives last week at which the EC expressed concerns. An EC spokesperson …

Amid a tense stand-off and attempt at negotiations, Russia’s communications regulator Roskomnadzor has started to enforce a proposed block of LinkedIn in the country, after the social network failed to transfer Russian user data to servers located in the country, violating a law instituted in Russia requiring all online sites to store personal …

Microsoft’s $26.2 billion acquisition of LinkedIn looks like it’s ready to go. The company’s Chief Legal Officer Brad Smith just announced that the deal has been cleared by the European Commission — the last regulator that needed to sign off on the deal. “As a result, we’ve now obtained all of the …

After getting its final European Commission approvals earlier this week, Microsoft and LinkedIn today announced that Microsoft’s $26.2 billion acquisition of LinkedIn, the social networking site, has officially closed. The news comes six months after news first broke of the deal. In an internal memo, LinkedIn CEO Jeff Weiner went through …

Microsoft has announced today that it will acquire LinkedIn for US$26.2 billion – or US$196 per share – in an all-cash deal. The move will allow Microsoft to leverage LinkedIn’s 433 million users to build out new services for enterprise, and drive engagement to its other enterprise cloud services like …

Microsoft’s CEO Satya Nadella has confirmed that the company has completed its acquisition of LinkedIn. The news of the acquisition was announced back in June and Microsoft have revealed more details about how the two companies will integrate after the deal. Today is an exciting day, one I’ve been looking …