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.