Microsoft ’s biggest-ever acquisition

Microsoft Linkedin

Microsoft has agreed to buy LinkedIn for $26.2 billion, as the Seattle-based software company seeks to expand its reach into professional networking. The deal is Microsoft’s biggest-ever acquisition, and follows a pattern of bold moves by chief executive Satya Nadella to reinvent the company that is known primarily as the maker of the Windows operating system. The offer of $196 a share represents a 50 per cent premium to LinkedIn’s closing price on Friday and is inclusive of the professional networking website’s net cash… Two years ago, Microsoft bought Mojang, the maker of Minecraft, for $2.5 billion. The company also paid more than $8 billion for Skype in 2011, and $7.9 billion for Nokia’s handset unit in 2014.

 

Leslie Hook, Hannah Kuchler and James Fontanella-Khan

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