LinkedIn Buys Slideshare for $119m
LinkedIn are widely regarded as the premier social network for business people, and that reputation has been enhanced this week with the news that they have purchased Slideshare for $119 million.
Slideshare is a site that allows users to upload presentations, documents and videos. Think of it like a YouTube for PowerPoints. As with YouTube the site allows users to take content from SlideShare and embed it into sites around the web, so is a hugely popular method for thought leaders to spread their knowledge far and wide.
SlideShare has already got an app on LinkedIn that allows users to embed presentations from their account into their LinkedIn profile, so a more formal tie up with LinkedIn was a natural fit.
In a press release to announce the move, LinkedIn CEO Jeff Weiner said:
"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,"
"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."
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