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LinkedIn announced its biggest acquisition yet on Thursday, spending $1.5 billion for online education company lynda.com.

The deal adds a new revenue stream to LinkedIn — lynda.com is reportedly already profitable — as well as a deep slate of web-based learning programs, as the social network looks to provide more utility for users beyond its professional connections.

  • RM

    Ryan M.

    over 3 years ago #

    Until, LinkedIn's demonstrates a solid and valuable certification program for acquiring transition skills on Lynda vs. any other Online Learning Development Syndicate website. We'll see if it was worth the acquisition... So far, I have yet to be proven otherwise.

  • PG

    Pushkar Gaikwad

    over 3 years ago #

    I have fond memories of Lynda.com as back in college, got a free account of it to learn web programming. Now days we have codeschool, codeacademy etc but back then, there was only lynda.com

    Few interesting points of acquisition -

    >> "The deal is 52% cash and 48% LinkedIn stock."

    >> The company received $103 million in venture capital funding in January 2013, led by Accel Partners and Spectrum Equity.[18] On January 14, 2015, lynda.com announced it had raised $186 million in financing, led by investment group TPG Capital.

    I always thought they are self funded.

  • LL

    Lloyed Lobo

    over 3 years ago #

    A great team and great company. Good for LinkedIn. Stoked to hear from Lynda Weinman at Traction Conf on June 18 - http://tractionconf.io

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