LinkedIn to acquire lynda.com to better connect the global workforce, says company.


linkedin-lynda.com-graphLinkedIn, one of the world's largest professional networks on the Internet with more than 300 million members worldwide, today announced that it has entered into an agreement to acquire lynda.com, an online learning company teaching business, technology and creative skills with the aim of helping people achieve their professional goals.

The transaction is valued at approximately $1.5 billion, subject to adjustment, in a combination of approximately 52 percent cash and approximately 48 percent stock. Subject to the completion of customary conditions,...

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About the Author:

Meris Stansbury

Meris Stansbury is the Editorial Director for both eSchool News and eCampus News, and was formerly the Managing Editor of eCampus News. Before working at eSchool Media, Meris worked as an assistant editor for The World and I, an online curriculum publication. She graduated from Kenyon College in 2006 with a BA in English, and enjoys spending way too much time either reading or cooking.