Microsoft has acquired LinkedIn for $26.2 billion, marking one of the biggest tech mergers in recent memory and giving the software giant a firm foothold in the online professional world.
The move is easily the largest by Microsoft (it bought Nokia for $7.6 billion in 2013 and Skype for $8.5 billion in 2011), and marks its largest entry into the social media realm (it bought Yammer for $1.2 billion in 2012).
LinkedIn was founded in 2002 and grew into the largest professional social network, with 105 million active monthly users and more than 433 million accounts.
Microsoft announced the deal in a blog post on Monday morning.
In an email to staff, Microsoft CEO Satya Nadella touted the pairing as a way to improve both companies by integrating LinkedIn's content and network with Microsoft's cloud computing and productivity tools.
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