Microsoft Agrees to Acquire LinkedIn

Last month, Microsoft and LinkedIn announced the acquisition agreement and their excitement at the opportunities the acquisition provides each company in furthering their growth goals in creating technology products for professionals. By all accounts, LinkedIn will continue to operate mostly independently from Microsoft.

LinkedIn’s large amount of data on the world’s professionals is expected to help boost Microsoft’s share of the CRM market, and the companies together hope to bolster the overall suite of business productivity tools they can offer. This acquisition follows the trend of large technology companies acquiring smaller, more focused technology companies to gain access to data and market share.

Read more on the acquisition and expectations of both companies here:

Microsoft News

LinkedIn Official Blog

The Wall Street Journal

Forbes