Microsoft Closes LinkedIn Acquisition. What's Next?
Summary
Microsoft announced closing of its $26.2 billion LinkedIn acquisition Thursday, and its wasting no time integrating the two companies products and services. The two companies envision combining LinkedIn Corp. s ocean of information about professional profiles and relationships with Microsofts enterprise software and services, including Office 365 and its Dynamics 365 CRM. Nadella outlines the first steps in his blog post Thursday, including: The merger is directed at competitor Google (Nasdaq: GOOG), says Ariel Maislos, CEO and founder of Israeli enterprise cloud startup Stratoscale. With the LinkedIn acquisition, Microsoft is taking a run at Googles mission of organizing all the worlds information. Research shows that 60% to 80% of mergers and acquisitions destroy rather than create shareholder value, according to an article on The New York Times.
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