LinkedIn Buys Lynda.com


LinkedIn really wants to be more than just your online resume and sender of too many notifications about your professional context. The company has purchased Lynda.com which is a learning company and established and founded in a way back in 1995. Which offers videos and tutorials on all sorts of subjects like learning Photoshop, HTML, .Net, Gaming Engines or Management and many others.

The acquisition is valued at 1.5 Billion Dollars at 52% cash and 48% stock deal expected to close sometime in the second quarter of this year. According to a joint release firm the company’s most Lynda.com employees will be joining LinkedIn. So you can imagine a situation in the near future where LinkedIn provides information on the skill sets that you might need for a huge variety of jobs that you might want and then also offers courses to get those skills all with in the same network. In the meantime Lynda.com will remain open for business.

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