Today, LinkedIn Corp. announced it has agreed to buy Lynda.com, an online learning company based in Carpinteria, California, in a deal valued at $1.5 billion. The deal is expected to close second quarter this year, and LinkedIn will pay some 52 percent in cash and 48 percent stock for the company.
It’s an appropriate match; Lynda.com specializes in courses and video tutorials on technology and business skills. In a brief from MarketWatch, LinkedIn’s Chief Executive Jeff Weiner said the company’s extensive library of premium video content will help empower people to develop the skills they need to accelerate their careers. “When integrated with the hundreds of millions of members and millions of jobs on LinkedIn, Lynda.com can change the way in which people connect to opportunity.” Continue reading “LinkedIn to acquire Lynda.com for $1.5 billion in notable effort to link education & global opportunity #learning #development”