Microsoft announced on Monday, June 13th 2016, that it is buying the professional networking website LinkedIn for $26.2 billion. The transaction has already been approved by both, and expected to complete the deal in this calendar year.
LinkedIn CEO Jeff Weiner will remain CEO of the LinkedIn and reports to the Microsoft CEO Satya Nadella.
Microsoft's purchase of LinkedIn is one of the most expensive and major tech acquisitions in the history. LinkedIn CEO Jeff Weiner in an email to his employees explained why he decided to sell the company to Microsoft. To know more,click here…