Microsoft officially closed its acquisition of professional social networking service LinkedIn on Thursday.
The companies were in talking terms about the deal since the last six months.
The deal was initiated in June when the CEOs of Microsoft and LinkedIn, Satya Nadella and Jeff Weiner, came together with a vision of creating the world’s most valuable professional network for their users.
“As we build for the future, our commitment to our mission, vision, values and your experience remain unchanged. Our members still come first and creating economic opportunity for every member of the global workforce has never been more important.” Jeff Weiner posted as a note of officiation in a blog post.
LinkedIn will remain unchanged for its users as a part of the deal and will only look to leverage Microsoft’s expertise to provide an even better experience in the future, says Weiner.
The deal was finalised as the European Commission cleared the acquisition on the condition that Microsoft allows other professional social networks to use its Office applications in the future.
Following this, the governments of US, Canada, Brazil and South Africa also gave their approvals to the $26.2 Billion deal.
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