Microsoft Corporation acquired LinkedIn for $26.2 billion, a transaction completed in December 2016, structured as all cash.
LinkedIn operates in Productivity & Business Processes, is based in Sunnyvale, California, USA. Microsoft acquired professional-networking company LinkedIn — then with more than 433 million members — for $196.00 per share in cash, about $26.2 billion. LinkedIn retained its distinct brand, culture and independence, with CEO Jeff Weiner reporting to Satya Nadella. Microsoft framed the deal as connecting the world's leading professional cloud with the world's leading professional network to reinvent selling, marketing, learning and productivity across Office 365 and Dynamics.
Combine LinkedIn's professional network and identity graph with Microsoft's productivity cloud (Office 365, Dynamics) to reinvent business workflows, recruiting, learning and social selling.
The LinkedIn team has grown a fantastic business centered on connecting the world's professionals. Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics.Satya Nadella, CEO, Microsoft
Advisory firms were not disclosed for this transaction.