>World’s largest professional Social network LinkedIn goes for shopping and struck a deal to acquire Slideshare for $118.8 Million. Slideshare is one of the best presentation sharing platform with over 29 million monthly visitors to upload and share presentations. LinkedIn Corp. plans to buy SlideShare through a cash-and-stock deal valued at about $118.8 million.
“SlideShare and LinkedIn have been working closely together to help professionals be more effective and productive through the content they create and share on LinkedIn.This deal enables professionals to discover people through content, and content through people. SlideShare users will continue experiencing this great service as always. ” said Deep Nishar LinkedIn senior vice president in his official blog.
Rashmi Sinha, CEO, SlideShare announced in an offical blog “You could ask why did we agree to sell? For one, I firmly believe that SlideShare will grow faster with LinkedIn. Second, I have watched as LinkedIn has grown from being a place to share your resume to a much richer site, where you go to keep up with what your professional network is doing and sharing. We like the path they are on, and are excited to join them on this journey.
The SlideShare you have come to know and love will remain a place where you can continue to upload, share, and find presentations that help you grow professionally.“
Watch this slide on Linkedin acquisition of Slideshare