What’s the Deal with Microsoft’s 26 Billion Dollar Purchase?
On Monday morning, one of the largest technology companies in the world announced its biggest deal yet. For a price of $26.2 billion, Microsoft bought the professional networking website LinkedIn with the goal of creating “more connected, intelligent and productive experiences.” While Microsoft’s shares have fallen since, its acquisition of one of the world’s largest social media networks is unsurprising, given CEO Satya Nadella’s shifting focus from hardware and software toward innovation and enterprise.