In a strategic move to enhance its professional development offerings, LinkedIn, the world’s leading online professional network, has announced the acquisition of Lynda.com for $1.5 billion. Lynda.com, a renowned online learning platform, empowers individuals to develop their business, software, technology, and creative skills.
This acquisition signifies a strong alignment between the missions of both companies. As Jeff Weiner, CEO of LinkedIn, emphasizes, “Both companies seek to help professionals excel in their careers.” Established in 1995, Lynda.com boasts a rich history of providing high-quality learning experiences.
Expressing enthusiasm about the partnership, Eric Robison, CEO of Lynda.com, stated, “We have found a perfect partner in LinkedIn, a company that shares our passion for empowering individuals through knowledge, learning, and professional development opportunities.”
The acquisition is expected to be finalized in the second quarter of 2015. Following the merger, most Lynda.com team members are anticipated to join LinkedIn. This integration presents exciting possibilities for the future. Imagine a job seeker in Denver who can instantly identify in-demand skills for their desired positions and seamlessly access relevant, accredited courses to acquire those skills. Likewise, a user browsing marketing content on SlideShare could be presented with a related Lynda.com course for deeper learning.
Ultimately, the combined force of LinkedIn and Lynda.com has the potential to revolutionize professional development for the global workforce.
