Microsoft Buys LinkedIn for $26.2 Billion
Microsoft has made its most ambitious move in years to reassert itself in a technology market it once dominated.
The software giant said Monday morning that it would acquire LinkedIn in a $26.2 billion cash deal.
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The acquisition, by far the largest in Microsoft’s history, unites two companies in different businesses: one a big maker of software tools, the other the largest business-oriented social networking site, with more than 400 million members globally.
The deal is Microsoft’s biggest bet yet.
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