One version of the integration of LinkedIn with Microsoft’s all but ubiquitous business products - Office, its CRM / ERP Dynamics product line and cloud-based Office 365 and its cloud platform Azure- puts individual profiles at the center of a web of connections.Īs Nadella and LinkedIn CEO Jeff Weiner described the future to investors and analysts during a morning webcast, the integration makes it possible, in one example, pull together information from all these sources - don’t forget Bing is a MS product, too - to deliver profiles of individuals at a meeting or flesh out sales leads with details on prospects and their companies. Integrating with Microsoft’s office products
WHEN DID MICROSOFT ACQUIRE LINKEDIN STOCK PROFESSIONAL
“How people find jobs, build skills, sell, market and get work done and ultimately find success requires a connected professional world,” his memo says. In an email to employees, Microsoft’s CEO Satya Nadella explained, “…this deal is key to our bold ambition to reinvent productivity and business processes.” It also has the potential to transform workforce management, not to mention how sales and selling are conducted.Ĭonsidering that Microsoft paid a significant premium - 91 times EBITDA and almost 50% more than LinkedIn’s closing stock price Friday - it’s clear the tech giant was more than a little eager to seal deal that had been in discussion since January.
Microsoft’s deal to buy LinkedIn has major implications not only for both companies, but for how workers in all sorts of occupations and industries interact and connect.
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