Microsoft to Buy LinkedIn for $26.2 Billion
SEATTLE — Microsoft said on Monday it was acquiring LinkedIn in a $26.2 billion cash deal.
The companies said that Microsoft had agreed to pay $196 a share to buy LinkedIn, a business social networking site that has more than 400 million members globally.
“The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals,” Satya Nadella, Microsoft’s chief executive, said in a statement.
The companies said Reid Hoffman, a founder of LinkedIn and its controlling shareholder, had approved the deal, as did Jeff Weiner, the chief executive of LinkedIn. Mr. Weiner will remain chief executive of LinkedIn, which will operate as an independent brand, the companies said.
两家公司表示，领英的创始人之一、控股股东雷德·霍夫曼(Reid Hoffman)已经同意了这笔交易，领英的首席执行官杰夫·韦纳(Jeff Weiner)也表示同意。韦纳将继续担任领英的首席执行官。两家公司称，领英将作为独立的公司品牌运营。
LinkedIn shares had fallen by nearly half since a peak of almost $260 a share last fall and ended trading on Friday at $131.08.