Twitter Facebook LinkedIn Flipboard 0 inc.com Microsoft announced today that it will acquire LinkedIn in a $26.2 billion deal. LinkedIn will retain its current CEO and its brand, according to the press release. Given that LinkedIn is a powerful business tool and professional network, they are able to work with Microsoft to “connect professionals to make them more productive and successful,” LinkedIn’s CEO said in the press release. LinkedIn has seen immense growth in worldwide membership, user engagement, active job listings and mobile usage. Recent updates from Microsoft have included a Windows 10 anniversary update, an acquisition of Solair, an introduction of Outlook to their Hololens, among other updates. LinkedIn’s recent app updates have focused on increasing engagement. LinkedIn will be acquired for $196 per share, in an all-cash transaction, according to the press release. While Twitter users expressed their opinions on the acquisition, many simply made light of the news, with a timeline filled with jokes: Coming soon to LinkedIn. pic.twitter.com/VlPWJ8emzt — Mitch Goldstein (@mgoldst) June 13, 2016 theory: bill gates buys linkedin in desperate attempt to stop linkedin invites. — el-p (@therealelp) June 13, 2016 #Microsoft acquire #LinkedIn.Now I can put my GamerScore on my resume!FINALLY!#achievementunlocked (Achievements too!!!) — Sir Marcus of Beer (@AnnoyedGamer) June 13, 2016 can't believe ms bought linkedin for $28billion. they could have bought hardware companies, mobile carriers, anything useful at all. wtf — roger clark (@rogerclark) June 13, 2016 Congrats to LinkedIn pic.twitter.com/ZbOQ5ab3XE — Jerry Bell (@Maliciouslink) June 13, 2016 Microsoft is gonna do what Microsoft does with LinkedIn. Which is make something that's uniform &user friendly for the entire business world — Larry Beyince (@DragonflyJonez) June 13, 2016 Well played by @Microsoft announcing @LinkedIn acquisition on #Apple #WWDC event day..Competition & collaboration are key fit innovation! — Brian Fanzo (@iSocialFanz) June 13, 2016 Turns out #LinkedIn's résumé was the most brilliant. It got the best offer! — Rashi Kakkar (@rashi_kakkar) June 13, 2016 What do you think of the deal? Twitter Tweet Facebook Share Email This article was written for Business 2 Community by Kane Pepi.Learn how to publish your content on B2C Author: Kane Pepi <p>Kane Pepi is an experienced financial and cryptocurrency writer with over 2,000+ published articles, guides, and market insights in the public domain. Expert niche subjects include asset valuation and analysis, portfolio management, and the prevention of financial crime. Kane is particularly skilled in explaining complex financial topics in a user-friendlyView full profile ›More by this author:VoIP Basics: Everything Beginners Should Know!Bitcoin Investment, Trading & Mining: The Ultimate Guide for BeginnersIs This a Better Way to Set Your 2020 Goals and Resolutions?