LinkedIn Acquires Online Learning Platform, Lynda.com for $1.5 Billion

by | Apr 9, 2015

Lynda.com, a leading online learning company, has been acquired by Linkedin, the world’s largest professional network on the Internet with more than 300 million members. The online learning company which its mission is to train people in business, software, technology and creative skills has entered the agreement to sell out to Linkedin for $1.5 billion, subject to adjustment, in a combination of approximately 52 percent cash and approximately 48 percent stock. The acquisition is expected to close during the second quarter of 2015.

The mission of LinkedIn and the mission of lynda.com are highly aligned. Both companies seek to help professionals be better at what they do – Jeff Weiner, CEO of LinkedIn.

Lynda.com was co-founded in 1995 by Lynda Weinman and Bruce Heavin and is based in Carpinteria, CA.

In LinkedIn, we have found an incredible partner who shares our vision and passion for empowering people around the world to make real change in their lives through access to information, learning and professional development – Eric Robison, CEO of lynda.com

Following the close of the acquisition, most members of the lynda.com team are expected to join LinkedIn. Lynda.com has seen tremendous growth in the past years and there are endless possibilities hat could come from the integration of lynda.com and LinkedIn. Imagine being a job seeker and being able to instantly know what skills are needed for the available jobs in a desired city, like Denver, and then to be prompted to take the relevant and accredited course to help you acquire this skill. Or doing a search on SlideShare to learn about integrated marketing and then to be prompted with a lynda.com course on the same subject.

The combination of LinkedIn and lynda.com will ultimately help make the third point a reality for every member of the global workforce.

Co-founder & Publisher of Techpoint.africa. Interested in: Technology | Media | Startup | Education | Africa.

Twitter: @AdewaleYusuf_


Preliminary nominations for Techpoint Awards 2021 are now open. You can nominate the most outstanding startups, entrepreneurs, investors, and technology influencers in Nigeria here.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Recent News

5 ways to support Techpoint Africa

5 ways to support Techpoint Africa

If you value the work we do at Techpoint Africa and would like to help ensure that the core of our journalism remains free and independent, please consider these 5 ways to support us

Subscribe to Techpoint Digest!

A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day!

Please check your email to confirm your subscription.

Subscribe to Crypto Explorer

A monthly series featuring in-depth analysis on the cryptocurrency sector in Africa

Please check your email to confirm your subscription.

Subscribe to The Experts

A bi-weekly where tech career specialists take us on their journey from newbie to expert, and how they became successful in the industry.

Please check your email to confirm your subscription.

Subscribe to Founder's Table

A monthly series, where we catch up with founders in the startup ecosystem, learn about their failures, successes and a few tricks of the trade

Please check your email to confirm your subscription.

Copy link
Powered by Social Snap