LinkedIn buying Lynda.com for $1.5 billion 

click to enlarge MARCIO JOSE SANCHEZ/AP FILE PHOTO
  • Marcio Jose Sanchez/ap file photo

LinkedIn will buy Lynda.com for about $1.5 billion in a cash-and-stock deal, adding the online learning and professional development company to its networking offerings.

Mountain View, California-based LinkedIn Corp. said it will pay for the Carpinteria, California-based company with a combination of 52 percent cash and 48 percent stock. The deal is expected to close during the second quarter.

LinkedIn's key focus is online professional networking. Lynda.com is a subscription service that allows members to access courses taught by experts, in multiple languages.

Pin It
Favorite

Speaking of LinkedIn, Lynda.com

More by The Associated Press

Latest in Business & Real Estate

© 2018 The San Francisco Examiner

Website powered by Foundation