© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - LinkedIn to Acquire lynda.com
Posted 14th April 2015

LinkedIn to Acquire lynda.com

LinkedIn announced that it has entered into an agreement to acquire lynda.com

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

LinkedIn to Acquire lynda.com

LinkedIn to Acquire lynda.com

View Biography
LinkedIn

View Biography
Lynda.com

Acquirer

Target

LinkedIn announced that it has entered into an agreement to acquire lynda.com

LinkedIn, the world’s largest professional network on the Internet with more than 300 million members worldwide, today announced that it has entered into an agreement to acquire lynda.com, a leading online learning company teaching business, technology and creative skills to help people achieve their professional goals. Based in Carpinteria, CA, lynda.com was co-founded in 1995 by Lynda Weinman and Bruce Heavin.

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, the acquisition is expected to close during the second quarter of 2015.

Through a subscription to lynda.com’s service, individual members and organizations have access to a comprehensive collection of top quality courses taught by industry experts, offered in English, German, French, Spanish, and Japanese. In addition to individual subscribers, lynda.com serves corporate, government and educational organizations through its lyndaEnterprise, lyndaPro, lyndaCampus, lyndaLibrary and lyndaKiosk products. lynda.com stands out as a leader of owned and operated premium skills content, offering a massive library of high-quality courses.

“The mission of LinkedIn and the mission of lynda.com are highly aligned. Both companies seek to help professionals be better at what they do,” said Jeff Weiner, CEO of LinkedIn. “lynda.com’s extensive library of premium video content helps empower people to develop the skills needed to accelerate their careers. When integrated with the hundreds of millions of members and millions of jobs on LinkedIn, lynda.com can change the way in which people connect to opportunity.”

“This is such an exciting moment in the 20-year history of lynda.com, and I couldn’t imagine a better pairing than lynda.com and LinkedIn,” said Lynda Weinman, co-founder and executive chair of the board of lynda.com.

“In LinkedIn, we have found an incredible partner who shares our vision and passion for empowering people around the world to make real change in their lives through access to information, learning and professional development,” said Eric Robison, CEO of lynda.com.

Following closing, most members of the lynda.com team are expected to join LinkedIn.



Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
What is a Vendor Manager and Why Would You Want One For Your Business
News
04/07/2022What is a Vendor Manager and Why Would You Want One For Your Business

Vendors are often at the heart of an organization's operations and activities. They accelerate the growth of your company, help achieve profit goals and generate sizable revenue.

Read Full PostRead - Eye Icon
How can E-Commerce Businesses Optimise their Sales on the Amazon Marketplace?
News
04/07/2022How can E-Commerce Businesses Optimise their Sales on the Amazon Marketplace?

Over the last few years, e-commerce businesses worldwide have seen a drastic shift in the shopping habits of their online customer base. Most of these changes are because of the Coronavirus pandemic, which saw more and more people turn towards online shopping

Read Full PostRead - Eye Icon
SolarWinds Transforms Your Standard Operating Procedure to Proactive and Productive
News
21/10/2022SolarWinds Transforms Your Standard Operating Procedure to Proactive and Productive

Standard operating procedures (SOPs) are a part of every organization. SOPs are processes that outline the procedure of performing a task. SOPs allow companies to hire anyone with the right qualifications as they can do the job as long as they follow the stand

Read Full PostRead - Eye Icon
Htin Kyaw – What Now?
Leadership
11/05/2016Htin Kyaw – What Now?

With Myanmar swearing in its first elected civilian president in 50 years, we spoke to Krishna Ramachandra,

Read Full PostRead - Eye Icon
10 Business Benefits of Adopting RFID Technology
Innovation
19/11/202110 Business Benefits of Adopting RFID Technology

The radio frequency identification (RFID) technology has been in use for more than three decades now. It leverages the use of radio waves to identify and track objects. Even with the many years of its use, some businesses are yet to incorporate this amazing te

Read Full PostRead - Eye Icon
CEO of the Month: India
Leadership
01/07/2016CEO of the Month: India

SpiceJet, India’s favourite domestic airline, provide low-cost flights to 41 cities across India and international destinations. Working at the helm of this highly successful company is Chairman and Managing Director (CMD).

Read Full PostRead - Eye Icon
What Steps Are Included in a Workers’ Comp Evaluation?
News
23/05/2024What Steps Are Included in a Workers’ Comp Evaluation?

Image source: https://pixabay.com/photos/student-work-office-desk-business-5224089/ When it comes to workers’ compensation, understanding the intricate process of evaluation is vital. Whether you’re an employee who has experienced a workplace injur

Read Full PostRead - Eye Icon
An Introduction to Filling the W-8BEN Form
Finance
19/05/2022An Introduction to Filling the W-8BEN Form

As firms search overseas for growth opportunities, it is no surprise that foreign investment in the U.S. increased by around $7.5 million in just 2021. As a foreigner working or conducting business dealings in the U.S., you must familiarize yourself with the W

Read Full PostRead - Eye Icon
The Only Way is Upp.
News
08/08/2023The Only Way is Upp.

Sometimes, companies could see a decay in income from their marketing channels, but there may not seem to be a reason for it.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow