Posted 04/10/2015 at 9:38 AM
Posted 2 years ago
Online education heavyweight Lynda.com has been acquired by LinkedIn for $1.5 billion.
The deal will consist of 52 percent cash, and the remainder in stock.
“Today, I am thrilled to share the exciting news that lynda.com has entered into an agreement to be acquired by LinkedIn,” wrote Lynda.com CEO Lynda Weinman, in an article.
She added “When we were approached by LinkedIn, we instantly recognized that the synergy between the two companies offered a match unlike any other…We believe in LinkedIn’s future stewardship and vision, and feel that we have found a perfect cultural fit for our mission…Thank you to all of our members who have supported and contributed to our success.”