LinkedIn Acquires SlideShare For $119M

Ahead of the release of its first quarter earnings today, LinkedIn announced its acquisiton of content-sharing service SlideShare for about $119 million in cash and stock. In the six years since SlideShare was founded, users have uploaded more than 9 million presentations to the online service, according to comScore. Last month, it had nearly 29 million unique visitors.

LinkedIn CEO Jeff Weiner said in a statement that the presentation-sharing SlideShare enables dovetailed with the company’s mission of connecting professionals.

"These presentations also enable professionals to discover new connections and gain the insights they need to become more productive and successful in their careers, aligning perfectly with LinkedIn's mission and helping us deliver even more value for our members. We're very excited to welcome the SlideShare team to LinkedIn." Read more here.

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