![]() ![]() CEO Lynda Weinman described the combination as a “perfect cultural fit” and discussed how it should help them continue to rarify the skills gap in the marketplace. In a blog post addressing the deal, LinkedIn CEO Jeff Weiner talks about how the acquisition helps his company move closer towards a goal of connecting job seekers with jobs, by providing more equitable access to education and skill acquisition. “Most” employees will join LinkedIn as part of the deal, according to a release from the companies. The acquisition is valued at $1.5 billion total, combining 52 percent cash payout and 48 percent stock, with an expected close date sometime in the second quarter of this year. has long been the go-to resource for online learning on subjects like Photoshop, basic HTML, CSS, management practices and many more, offering instructional videos and tutorials from industry experts and vets long before e-learning was at anywhere near the level of interest it enjoys today. Professional network LinkedIn is getting into the professional skills education market in a big way: The social company purchased, the online learning company founded in 1995 by technical skill instructional book author Lynda Weinman and co-founder Bruce Heavin.
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