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Microsoft seals $26 billion purchase of LinkedIn

The Columbian
Published: December 8, 2016, 4:56pm

Seattle – Microsoft has completed its $26.2 billion purchase of LinkedIn, the company’s largest acquisition and the biggest bet made by chief executive Satya Nadella.

The deal gives Microsoft, whose software are default portals for information workers, the leading online resume repository and workplace relationship database for that same crowd.

Microsoft has ambitions of using the professional social network to improve its software for salespeople, and coming up with new applications that combine LinkedIn’s data about relationships with Office’s information about organizations and how people spend their time at work.

The latest deal adds LinkedIn’s 10,000 employees to Microsoft’s 113,600.

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