The takeover of Nokia’s Devices and Services unit was started by former CEO Steve Ballmer, and although it was completed during this tenure at the helm of Microsoft, it wasn’t a move that he agreed to, according to people close to the matter. Satya Nadella is clearly aiming for integration into Office 365 and other business solutions to connect users in the workplace, and this is his first big acquisition since joining Microsoft. Microsoft has revealed that its board unanimously approved the takeover of LinkedIn, the social networking service that currently has nearly 440 million users around the world. “Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we seek to empower every person and organization on the planet.” “The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals,” Nadella has said. The company hasn’t revealed what exactly it plans to do with LinkedIn or how it wants to integrate it into its own offering, but in a press release today, Microsoft CEO Satya Nadella has given assurances that the social network will retain its “distinct brand, culture and independence.”įurthermore, Jeff Weiner, who is now the CEO of LinkedIn, will continue to lead the company, only that from now on he will report directly to Microsoft CEO Satya Nadella. Microsoft Buys LinkedIn Social Networking Service for $26.2 Billion (7.62/8)
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