"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.
When integrated with the hundreds of millions of members and millions of jobs on LinkedIn, can change the way in which people connect to opportunity.” “’s extensive library of premium video content helps empower people to develop the skills needed to accelerate their careers. Both companies seek to help professionals be better at what they do,” said Jeff Weiner, CEO of LinkedIn. “The mission of LinkedIn and the mission of are highly aligned. stands out as a leader of owned and operated premium skills content, offering a massive library of high-quality courses. In addition to individual subscribers, serves corporate, government and educational organizations through its lyndaEnterprise, lyndaPro, lyndaCampus, lyndaLibrary and lyndaKiosk products. Through a subscription to ’s service, individual members and organizations have access to a comprehensive collection of top quality courses taught by industry experts, offered in English, German, French, Spanish, and Japanese. Subject to the completion of customary conditions, the acquisition is expected to close during the second quarter of 2015.
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.
Based in Carpinteria, CA, was co-founded in 1995 by Lynda Weinman and Bruce Heavin. – Ap– LinkedIn (NYSE:LNKD), the world’s largest professional network on the Internet with more than 300 million members worldwide, today announced that it has entered into an agreement to acquire, a leading online learning company teaching business, technology and creative skills to help people achieve their professional goals.
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