Microscope has done a deal to buy LinkedIn Corp for $26.2 billion in cash.<br /><br /> Microscope intends to integrate LinkedIn with the already successful <br />Skype and Microsoft Office applications. <br /><br /> Microsoft to acquire LinkedIn. https://t.co/ijfD6gZmiB pic.twitter.com/ChUbNT0eSX— Microsoft (@Microsoft) June 13, 2016<br /><br /> The buyer intends to keep the ship steady with Jeff Weiner remaining as CEO.<br /><br /> It marks a shift for Microsoft to move into the social media scene <br />and with more than 400 million users LinkedIn represents a major undertaking and commitment. <br /><br /> The purchase indicates that the company is moving into cloud services to rejuvenate the brand. <br /><br /> Microscope paid $1.96 per share. <br /><br /> Despite the sale LinkedIn is not a project in decline it is one of the <br />stronger performing tech companies in the public markets.<br />
