LinkedIn acquires online learning business Lynda for $1.5bn

  • In its biggest acquisition so far, professional networking site LinkedIn has bought American online learning firm Lynda for $1.5 billion. 

    The move is being seen as a bid to offer enhanced business content to LinkedIn’s 300 million estimated users.

    The California-based Lynda, which makes videos that teach paid subscribers a wide variety of skills, has grown in popularity in recent years.

    Jeff Weiner, the chief executive of LinkedIn, said that the missions of the two companies were “highly aligned.”

    Tagged as: professional networking, LinkedIn, Lynda, Jeff Weiner, online learning, business news