Microsoft to acquire LinkedIn for $26.2 billion

LinkedIn Headquarters Mountain View

There is one biggest acquisition and the latest news in the world history that Microsoft Corporation to acquire professional networking website LinkedIn for $26.2 billion in cash. This acquisition is a big one for both companies and most helpful for Microsoft to enhance its business sales and email software. This deal brings simultaneously the world’s top professional cloud with the world’s major specialized network. Microsoft said that LinkedIn will keep its own brand, freedom, and current LinkedIn CEO Jeff Weiner. He will send a report directly to Microsoft CEO Satya Nadella. This is Satya Nadella’s first big achievement as he took over the summit job more than two years back.

Microsoft CEO Satya Nadella has decided to pay $196 per share in an all-cash transaction valued at $26.2 billion for the industry oriented social networking immense. The whole transaction has already been approved by both but it must still get on hold for regulatory, authoritarian and other essential approvals. The deal is probably to reach its destination till the end of this year. Microsoft is able to access to the world’s leading professional social network with over 430 million members globally. If some reason the agreement will cancel then according to Microsoft’s SEC filing termination rights LinkedIn will have necessary to pay $725 million termination fee to Microsoft.

Mr. Nadella saidtoday’s work is split between tools workers use to get their jobs done, such as Microsoft’s Office programs, and professional networks that connect workers. The deal, he said, aims to weave those two pieces together.” It is really an admirable approach that both the professional cloud and the professional network coming together. It is a big part of the deal for Microsoft to being the center of global business workers. Mr. Nadella expects the deal will open new scopes and perspective for Microsoft’s Office suite and LinkedIn as well, both have saturated their markets and generally boost Microsoft’s income and its competitive position.

This contract will permit both companies to keep increasing, invest in and innovating on LinkedIn to make importance for their members and customers. The LinkedIn members will continue to increase their skills, abilities to find a job using the LinkedIn platform. They will continue to boost customers to hire high talent, advertise their brand and deal with their customers. Moreover, this contract is more than money, it is a powerful and great signal of where Satya Nadella is currently taking Microsoft. He sees its future because the cloud computing business provides all types of professional and specialized services to clients. It includes a social network to connect them with each other.

According to co-founder, chairman of the board and controlling shareholder of LinkedIn Reid Hoffman, “Today is a re-founding moment for LinkedIn. I see an incredible opportunity for our members and customers and look forward to supporting this new and combined business,” said Hoffman. “I fully support this transaction and the Board’s decision to pursue it, and will vote my shares in accordance with their recommendation on it.”

What Business Leadership Qualities You Really Need?

Business leadership qualities

The business leader is very important in every business because leader direct the business in an appropriate manner. There are many qualities that a business leader needs to maintain. If you maintain these different qualities then you are able to run a business and will get success. Every business leader has preset goals and aims about his business and want to implement it in right manner, therefore, it is important to find out leadership qualities that make your business perfect and successful. The following are different business leadership qualities that you should possess to run a business successfully.

  1. Confidence

Confidence is very important for every business leader in both professional and personal life. With the help of confidence, you can get success easily. It is essential to keep confidence level high to get success in business. Confidence is the most highly recommended leadership quality for every business leader. If you lose your confidence then you are not able to do anything. In addition, confidence comes from feelings of happiness, mind and belief in your own skills, ability, and knowledge.

  1. Accountability

Every business leader has lots of responsibility and it is not easy to maintain all the responsibility simultaneously. Great business leaders always make a plan for all responsibilities about how to handle, work in proper manner. They fulfill all the responsibilities and make it easy to give successful results. Every great leader accepts responsibility except without any tension about result either it will be good or bad. Moreover, being an excellent business leader needs to take initiative about responsibility for the successful results.

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  1. Passion

Passion is the most important for every business leader because passion is a strong feeling of excitement for doing something special. Passionate leaders are powerful, well-built and always excited to do anything. It is great leadership quality for every businessman because they can do anything when they passionate.

  1. Loyal

Loyal means truthful, reliable and faithful. Loyalty is one of the essential things that define the people’s character. Business always needs loyal leader and employees that enhance business growth. Loyal business leaders run right business with right strategies. This is the reason, loyal has become one of the best business leadership qualities so you should follow it.

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  1. Discipline

Discipline is needed to lead every business. If business leader follows all rules and regulation then he surely gets success. Discipline always helps to perform the best in the company. Need to go office at the time and follow other rules as well. Thus, discipline is very important for every business leadership.

  1. Risk management

Every business has lost of risk about their products, projects, and some essential things. If a business leader has the quality of risk management then he can solve all risk easily. Therefore, risk management is important for every business leader. You need to identify, evaluate and tackle risks and to get outcome easily. Smart leaders know the risk and solve it easily.

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  1. Time management

Everyone knows “Time Is Precious”. A great entrepreneur always knows that time is the most valuable asset for them, therefore, they follow the time management tricks. Time management is the awfully fundamental thing to run a successful company. This is the key quality of business leadership. You need to know how to efficiently schedule your time according to business, family and friends requirement.

  1. Relationship building

The relationship is the central key to business management. Business owners build good relation with their employees, workers, colleagues, and clients.  Relation building is the most valuable part of a business that builds your company and business in the right direction.

  1. Trust in your team

Great business leaders lead the whole team with trust and hope. It is very necessary for all leaders to lead their team with trust. If you have trust in your team then you can get more effective results.