LinkedIn Buying in $1.5B Deal

Business networking site LinkedIn is buying the online learning company in a US$1.5 billion deal. The two companies announced the deal on Thursday saying they expect to wrap up the transaction during the second quarter.

LinkedIn to All your training are belong to usLinkedIn to All your training are belong to us

The usual terms like "synergy" and "shared vision" were tossed around, but in this case the deal could make sense. Thanks to the extensive library of training videos offers, LinkedIn could position itself as a resource to improve job skills for users who are on the hunt for a new career.

"The mission of LinkedIn and the mission of are highly aligned," said LinkedIn CEO Jeff Weiner. "Both companies seek to help professionals be better at what they do."

Once the transaction is completed, the staff will become part of the LinkedIn team. currently has over 500 employees and was founded in 1995.