Subscribe free to our newsletters via your
. 24/7 Space News .




INTERNET SPACE
LinkedIn buys education site lynda.com for $1.5 bn
by Staff Writers
New York (AFP) April 9, 2015


The career social network LinkedIn said Thursday it was buying the online learning site lynda.com in a cash-stock deal valued at $1.5 billion.

The deal ties the 300-million member social network with an educational group which offers language training and other courses to governments, companies and individuals.

"The mission of LinkedIn and the mission of lynda.com are highly aligned. Both companies seek to help professionals be better at what they do," Jeff Weiner, chief executive of LinkedIn, said in a statement.

Weiner said lynda.com "helps empower people to develop the skills needed to accelerate their careers. When integrated with the hundreds of millions of members and millions of jobs on LinkedIn, lynda.com can change the way in which people connect to opportunity."

He added, that "we've followed lynda.com for a long time, rooted in the conviction that access to high-quality, skills-based learning-and-development content should be available to every LinkedIn member and a fundamental part of our platform."

LinkedIn content chief Ryan Roslansky said the tie-up "can make it even easier for professionals around the world to accelerate their careers and realize their potential through the learning and development of new skills."

The deal is structured with 52 percent cash and 48 percent stock, subject to adjustment. It is expected to close in the current quarter.

California-based lynda.com was founded in 1995. Its members have access to a video library of more than 6,300 courses and more than 267,000 video tutorials, and offers German, French and Spanish-language content under the video2brain brand name.

LinkedIn was the first major US social network to go public, raising some $350 million in a 2011 initial public offering.

LinkedIn has its headquarters in the Silicon Valley city of Mountain View, California, and is available in more than 200 countries.

Last year, LinkedIn launched a Chinese language version, attempting to tap the huge market while navigating a strict censorship regime that has seen other foreign social media giants banned.

soe-rl/jm

LINKEDIN CORPORATION


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Satellite-based Internet technologies






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





INTERNET SPACE
Silicon Valley mulls invasion of 'unicorns'
New York (AFP) April 8, 2015
When social media software firm Sprinklr unveiled its latest funding last month, it vaulted into the club of "unicorns," or tech startups worth at least $1 billion. That came just weeks after Slack, which makes a business software collaboration tool, entered the group which includes well-known names like Uber and Snapchat While unicorns are supposed to be rare, mythical creatures, the pr ... read more


INTERNET SPACE
Will the moon's first inhabitants live in giant lava tubes?

Soft Landing on the Moon an Extraordinary Challenge

Stop blaming the moon

Extent of Moon's giant volcanic eruption is revealed

INTERNET SPACE
Scars on Mars from 2012 Rover Landing Fade - Usually

Bill Nye and others discussing taking humans to Mars by 2033

Media Spun Up on NASA Cutting-edge Mars Landing Technology

Curiosity Sniffs Out History of Martian Atmosphere

INTERNET SPACE
Air Scrubber Plus Brings Space Age Technology Down To Earth

NASA Announces New Partnerships with Industry for Deep-Space Skills

A Year in Space

Russia to Consider Training First Guatemalan Cosmonaut

INTERNET SPACE
Chinese scientists mull power station in space

China completes second test on new carrier rocket's power system

China's Yutu rover reveals Moon's "complex" geological history

China's Space Laboratory Still Cloaked

INTERNET SPACE
Cosmonauts Take Tablet Computer Into Space

Russia announces plan to build new space station with NASA

Soyuz spacecraft docks at ISS for year-long mission

One-Year Crew Set for Launch to Space Station

INTERNET SPACE
Soyuz Installed at Baikonur, Expected to Launch Wednesday

Soyuz ready March 27 flight to deploy two Galileo navsats

UAE Moves to Purchase Russian Spacecraft Launch Platform

Russia Launches Satan Missile With S Korean Kompsat 3A Satellite

INTERNET SPACE
Earthlike 'Star Wars' Tatooines may be common

Planets in the habitable zone around most stars, calculate researchers

Our Solar System May Have Once Harbored Super-Earths

SOFIA Finds Missing Link Between Supernovae and Planet Formation

INTERNET SPACE
Camera chip provides superfine 3-D resolution

British military gets simulator training system from Selex ES

Sewage could be a source of valuable metals and critical elements

From tobacco to cyberwood




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.