Microsoft Buys LinkedIn for $26.2 Billion, Reasserting Its Muscle
It is also further evidence that Satya Nadella, Microsoft’s chief executive, sees the company’s future further and further removed from the PC software that once helped the company’s co-founder Bill Gates turn Microsoft into the world’s most valuable company.
Though they operate in different businesses, Microsoft and LinkedIn make most of their money by catering to professionals. Executives involved in the deal said that the common thread prompted the acquisition.
“This deal is all about bringing together the professional cloud and professional network,” Mr. Nadella said in a telephone interview.
.. And with more than $100 billion in cash and short-term investments as its disposal, Microsoft is an attractive suitor