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14

Morning Agenda: The Unspoken Reason Behind the LinkedIn Sale

By Tony Seruga

THE UNSPOKEN REASON BEHIND THE LINKEDIN SALE| Microsoft’s $26.2 billion cash deal to buy LinkedIn was by far the largest in its history, and its biggest bet on a shift from traditional software toward cloud computing, Nick Wingfield reports in DealBook.

The chief of Microsoft, Satya Nadella, has already improved his company’s image by opening up to partnerships with once-bitter rivals like Salesforce, and he has accelerated the company’s shift to cloud services. LinkedIn also caters to professionals, opening up the possibility of linking its network with Microsoft tools, and Microsoft is paying less than it would have done last fall when shares were trading at more than $260 a share. They closed at $131.08 on Friday…

Morning Agenda: The Unspoken Reason Behind the LinkedIn Sale

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