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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Apple To Acquire ‘Beats By Dre’ For $3 Billion

Apple has confirmed it will buy headphone maker and music-streaming service provider Beats Electronics.

The deal is worth a total of $3bn (£1.8bn), and is thought to be Apple’s largest acquisition to date.

As part of the acquisition, Beats co-founders Jimmy Iovine and Dr Dre will join the technology firm.

Apple boss Tim Cook said the deal would allow the firm to “continue to create the most innovative music products and services in the world”.

Source: BBC.

Read the official press release here: www.Apple.com

 

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