LinkedIn has announced its acquisition of Lynda.com, a popular online education platform that teaches technology skills such as how to use Photoshop or how to code in Java or use CSS. The $1.5 billion move will enable the company to offer a broad range of education services as it transitions from simply identifying skills needed for a position to also offering ways to gain those skills quickly and efficiently from with a trusted and proven method.
LinkedIn is also hoping the addition of Lynda.com will help it with their newest ambitious goal of creating an "Economic Graph," which it claims would be the world's first digital map of the economy (see video below).
LinkedIn is considering how it can best integrate services into its own as Lynda.com currently stays open and operational.
Lynda.com Joins the LinkedIn Family from LinkedIn
[via TechCrunch]
They just bought my favorite app Refresh, and now LYNDA.com! someone must be on a shopping spree :)
I love Lynda.com - I hope this doesn't change their service much
That's amazing. I would have assumed that Lynda would have more money than Linked In... Shows how much I know.
I hope they don't screw up Lynda, it's an excellent resource.