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Home Enterprise

Groundbreaking Acquisition: Microsoft to Purchase LinkedIn for a Whopping $26.2 billion

Paul Balo by Paul Balo
June 13, 2016
in Enterprise, Social Media, Software
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After months of clandestine negotiations, it has finally emerged that Microsoft, the largest software company globally, is set to make a historic acquisition. The tech juggernaut will purchase LinkedIn, the premier social media platform for professionals, in a leveraged buyout deal valued at a staggering $26.2 billion, approximately translating to 8.9 trillion Nigerian naira.

Reports of this game-changing transaction, heralded by trusted financial media outlets such as Bloomberg and CNBC, highlights the monumental impact and benefits that this union will yield for both companies.

LinkedIn, boasting a user base of over 200 million career-driven professionals, stands to benefit immensely from Microsoft’s expansive tech expertise and resources. Conversely, Microsoft will notably strengthen its corporate reach and influence globally, tapping into LinkedIn’s extensive professional network.

The magnitude of this deal unequivocally underlines the escalating importance and value of social media platforms in today’s digital era. As the world’s biggest software company, Microsoft’s acquisition of a platform as influential as LinkedIn depicts a strategic marrying of technology and professional networking at a scale previously unseen.

This acquisition’s specifics are still unfolding, and we commit to providing timely updates on the implications and outcomes of this landmark deal as information emerges.

This article was updated in 2025 to reflect modern realities.

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Paul Balo

Paul Balo

Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.

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