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Linkedin acquired SlideShare

Written By Unknown on Monday, May 7, 2012 | 8:39 AM

GadgetFan - Linkedin is a professional company in the world's largest network has 40 million members and is growing very rapidly recently reported that it has acquired a startup for presentations, SlideShare.

SlideShare is based in San Francisco has successfully acquired by LinkedIn valued at U.S. $ 118.8 million, both in cash and stock combination. According to market analyst at ComScore, since its inception in 2006, users are slideshare has more than 9 million mengungah presentation.

"Presentation is one of the main ways in which professionals to capture and share experiences and knowledge, which in turn helped shape their professional identity." Says CEO of LinkedIn, Jeff Weiner.

According to him, this presentation will allow professionals to discover new connections and get the insight they need to become more productive and successful in their careers. We are very pleased to welcome the SlideShare team.

LinkedIn on this occasion also reported that its earnings in the first quarter increased by more than double the same period last year. LinkedIn revenue in the first quarter of this year reached U.S. $ 188.5 million while earnings in the first quarter of last year was only U.S. $ 93.9 million. This causes an increase LinkedIn stock by 8 percent in late trading.
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