LinkedIn to Purchase Online Learning Company Lynda.com for $1.5 Billion - East Idaho News
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LinkedIn to Purchase Online Learning Company Lynda.com for $1.5 Billion

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Thinkstock 040915 LinkedIn?  SQUARESPACE CACHEVERSION=1428611788082Fuego/iStock Editorial/Thinkstock(NEW YORK) — LinkedIn, the world’s largest professional social network, announced on Thursday a $1.5 billion agreement to purchase online learning company lynda.com.

“The mission of LinkedIn and the mission of lynda.com are highly aligned,” LinkedIn CEO Jeff Weiner said in a press release. “Both companies seek to help professionals be better at what they do.”

Lynda gives subscribers — both individuals and organizations — access to courses on topics including various languages, computer-related lessons, photography, business and music, among others.

“Lynda.com’s extensive library of premium video content helps empower people to develop the skills needed to accelerate their careers,” Weiner said. “When integrated with the hundreds of million of members and millions of jobs on LinkedIn, lynda.com can change the way in which people connect to opportunity.”

The press release also noted that “most members of the lynda.com team are expected to join LinkedIn” after the deal closes. That is expected to happen during the second quarter of 2015.


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