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Microsoft buying LinkedIn for US$26.2b

Tech giant makes foray into social networking, adds tool to boost services
Tuesday, June 14, 2016 - 05:50
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Microsoft said on Monday that it was buying the professional social network LinkedIn for US$26.2 billion in cash, a move that helps refocus the US tech giant around cloud computing and services.

Washington

MICROSOFT said on Monday that it was buying the professional social network LinkedIn for US$26.2 billion in cash, a move that helps refocus the US tech giant around cloud computing and services.

With its biggest-ever acquisition and one of the largest in the tech sector