LinkedIn Acquires SlideShare in a $119 Million Deal

It appears that Facebook is not the only social network shopping for startups these days.

LinkedIn, the world’s largest professional network in the Internet, has jumped on the bandwagon with its acquisition of content sharing community Slideshare for a $119 million cash and stock deal.

What does this mean for professionals and entrepreneurs like you and me? Well, have a look at the presentation LinkedIn and SlideShare prepared to celebrate this exciting news.

LinkedIn and Slideshare

View more presentations from LinkedIn

Personally, I’m excited about this development. LinkedIn is already an invaluable networking and marketing tool for small businesses. Add SlideShare’s content sharing technology and the possibilities are promising.

Of course, both companies have no concrete plans yet, so we’ll have to stay tuned until they announce how SlideShare will actually be integrated into LinkedIn.

But for now, you can read LinkedIn’s Press Release about the announcement.

Executives from both companies have also posted their views regarding the acquisition through their respective company blogs at: LinkedIn, Slideshare.

Exciting times ahead for these two great companies.

 

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