BrandArena: LinkedIn Acquires

Friday 12 June 2015

LinkedIn Acquires

World’s largest professional network on the Internet, LinkedIn has acquired a top online learning site offering thousands of courses in business, technology, and creative skills. is a privately held online education company offering thousands of video courses in software, creative, and business skills. Based in Carpinteria, CA, was co-founded in 1995 by Lynda Weinman and Bruce Heavin.

In a message sent to its users, LinkedIn said it is celebrating the acquisition by offering LinkedIn members 21 days of free access to “Gain new skills so you can be more productive and successful. Get unlimited access to thousands of courses. Learn from industry pros who are passionate about teaching,” LinkedIn said.

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.

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

"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

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