Microsoft buying LinkedIn for US$26.2b
Tech giant makes foray into social networking, adds tool to boost services
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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, Microsoft takes a big step into the world of social networking and adds a new tool for its efforts to boost services for business.
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