LinkedIn Buys Lynda.com At $1.5 Billion.never thought
lynda.com would be sold For $1.5 Billion to anyone or organisation.recently, the news spreading on the internet confirms that
lynda.com was sold to LinkedIn at $1.5 Billion.
for those who don't know what LinkedIn is all about, then let me give you a little insight.
LinkedIn is an online social platform where employer meets employee and one can be hired or employed via LinkedIn. its a social network platform that is different from the Facebook and twitter in terms of concept.you connect with other people with likes mind and get to work with them if need be, this is why one is connecting with business likes minded people on LinkedIn. guess you now have a little insight on what LinkedIn is all about.
How about lynda.com
lynda.com is an online E-Learning educational platform where one can study courses from various knowledge based such as web design, graphics design, mobile app, computer, software etc online.
lynda.com is a popular online educational platform where all this materials are stored and individuals patronize the site by paying to get access to their educational materials which are mostly video contents.
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Lynda.com have instructors that teaches individuals on specific knowledge based contents ranging from html, php, Photoshop, Dreamweaver, after effect, light room, video editing and lots more other professional skills.
Lynda.com was founded by lynda Weinman and Co-Founder Bruce Heavin in 1995.so you now have an idea on what
lynda.com is all about right
LinkedIn has acquired lynda.com for the sum of $1.5 billion.wow, what a whopping some of money.
The acquisition is valued at $1.5 billion total, combining 52 percent cash payout and 48 percent stock, with an expected close date sometime in the second quarter of this year. “Most” Lynda.com employees will join LinkedIn as part of the deal, according to a release from the companies.
As seen in a blog post addressing the deal, LinkedIn CEO Jeff Weiner talks about how the acquisition helps his company move closer towards a goal of connecting job seekers with jobs, by providing more equitable access to education and skill acquisition. Lynda.com CEO Lynda Weinman described the combination as a “perfect cultural fit” and discussed how it should help them continue to ratify the skills gap in the marketplace.
LinkedIn head of content products Ryan Rolanksy describes a future in which job seekers are not only made aware of skills required for positions they’re applying for, but can also take courses to get those skill immediately through the social network. LinkedIn isn’t saying exactly what its plans are for the education resource just yet, but Rolansky does say that Lynda.com remains open for business and accessible to users as they work together on what comes next.
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