LinkedIn To Buy Online Education Company Lynda.com For $1.5 Billion


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Professional Social Network LinkedIn announced the $1.5 billion acquisition of online education company Lynda.com.
It’s the online business network’s largest acquisition ever.LinkedIn said it would pay about 52% in cash and about 48% in stock for the acquisition.


Lynda.com provides video courses to paying subscribers hoping to learn online, with tutorials on a wide range of business subjects from Web design to 3-D animation.


Founded in 1995 by Lynda Weinman and her husband, Bruce Heavin, Lynda.com lets users learn business, technology, software, and creative skills through videos.



LinkedIn to Buy Online Education Company Lynda.com for $1.5 Billion


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Source:Youtube
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