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LinkedIn welcomes SlideShare Team.
LinkedIn welcomes SlideShare Team.
View more presentations from LinkedIn you now can read after the slides presentations here below . The deal is done, and the SlideShare team is welcomed.
Finally SlideShare a leading professional content sharing community joined to LinkediIn the world`s largest professional on the internet.
Benefits of the merge?
LinkedIn objective is to make professionals and successful. LinkeIn has 161 million members, 107 million monthly visitors and 2 + members sign up per second.
SlideShare who powers discovery of people through content , and content through people, has 9 million content uploads and 29 million monthly unique visitors.
LinkedIn + SlideShare manage your professional identity ( education, skills, experience , awards and presentations) and insights (helping you spread and discover professional knowledge) everywhere ( building the knowledge network across the professional web, 7.4 million presentations embedded across the web and 1.4 million unique domains with slideshare presentations)
The deal was closed for 185,75 million.
Press Release:
LinkedIn (NYSE:LNKD), the world’s largest professional network on the Internet with 161 million members worldwide, today announced it agreed to acquire SlideShare, a leading professional content sharing community.
The transaction is valued at approximately $118.75 million, subject to adjustment, in a combination of approximately 45 percent cash and approximately 55 percent stock. Subject to the completion of customary conditions, the acquisition is expected to close during the second quarter of 2012.
Founded in October 2006, SlideShare helps professionals discover people through content, and content through people. SlideShare users have uploaded more than nine million presentations, and according to comScore, in March SlideShare had nearly 29 million unique visitors, ranking it among the most heavily trafficked sites for professional content.
SlideShare is also enabling the sharing of presentations across the Web; nearly 7.4 million presentations hosted by SlideShare are embedded across more than 1.4 million unique domains.
“Presentations are one of the main ways in which professionals capture and share their experiences and knowledge, which in turn helps shape their professional identity,” said LinkedIn CEO Jeff Weiner. “These presentations also enable professionals to discover new connections and gain the insights they need to become more productive and successful in their careers, aligning perfectly with LinkedIn’s mission and helping us deliver even more value for our members. We’re very excited to welcome the SlideShare team to LinkedIn.”
Rashmi Sinha, CEO of SlideShare commented, “We built SlideShare to help professionals share presentations and connect people through content. What we can build with LinkedIn, the largest professional network on the Internet, is the most natural extension of this vision. I am excited about what we can build together.”
Deep Nishar, LinkedIn’s Senior Vice President of Product and User Experience, blogged about the acquisition at http://blog.linkedin.com/topic/slideshare/, and a SlideShare presentation outlining the deal can be found on LinkedIn’s SlideShare page at: http://www.slideshare.net/linkedin/linkedin-and-slideshare and on the investor relations section of the LinkedIn website at: http://investors.linkedin.com/.
Press Contact
Investor Contact
Matt Sonefeldt
About LinkedIn
Founded in 2003, LinkedIn connects the world’s professionals to make them more productive and successful. With 161 million members worldwide, including executives from every Fortune 500 company, LinkedIn is the world’s largest professional network on the Internet. The company has a diversified business model with revenues coming from member subscriptions, marketing solutions and hiring solutions. Headquartered in Silicon Valley, LinkedIn has offices across the globe.
About SlideShare
Founded in 2006, SlideShare is a leading professional content sharing community. Professionals can upload content for free, discover people through content, and content through people. SlideShare brings presentations, documents and videos to life on the web for professionals to discover and share. Premium social content marketing subscriptions enable professionals and brands to gain social media engagement and generate sales leads. The company is based in San Francisco, Calif., and is backed by investors including Jonathan Abrams, Mark Cuban, Dave McClure, and Venrock. More information about SlideShare is available at www.slideshare.net.
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