In has just been announced that LinkedIn has now formally
purchased Slideshare for just under $120 Million dollars. In what could be
termed the most inevitable purchase (based on the fact that the two firms have
always had a very close working relationship with Slideshare appearing on the
homepage of all LinkedIn accounts), this move will further enhance LinkedIn's
already impressive professional networking platform.
Businesses regularly promote their products and services
through power point presentations, so
this purchase is a logical step that consolidates LinkedIn ability to offer
this capability to all its users.
The acquisition will be formalised in the second quarter of
2012 and is said to involve 45 per cent cash and 55 per cent stock.
Slideshare originally launched in 2006 and has almost 30
million unique visitors, whilst hosting well over seven million power point
presentations, which are embedded in more than 1.4 million domains.
Deep Nishar, LinkedIn’s Senior Vice President, said that LinkedIn
prized Slide Share’s ability to let professionals discover other people through
online content and how people were able to lead each other to more content
discovery. He said Slideshare will continue to offer that service to its users.
But down the road, LinkedIn will look to see how it can use Slideshare to make
its users more productive.
The practicality of
this deal makes even more sense when you consider that many businesses are
still yet to discover this type of social media network and its potential is so
much greater than what it has achieved to date.
What about for your business. What sorts of information do you think you
could put up to enhance your reputation and drive client leads?
Until next time, good luck and good marketing.
Daniele.
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