Huge news at the start of the week.
Microsoft to buy Linkedin for $26.2 billion in cash.
Jeff Weiner will remain the CEO of Linkedin, reporting to Satya Nadella, CEO of Microsoft.
The company announced that it has reached an agreement for the purchase of LinkedIn.
Linkedin was founded in the year 2002and has approximately400 million users.
Users in Linkedin can create the profile and later they can share their resume for find the job.
According to the sources, LinkedIn will retain its distinct brand, culture, and independence.
Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft.
The transaction is expected to close this calendar year.
