It is still subject to approval by LinkedIn’s shareholders and other regulatory approvals and closing conditions. The transaction has been unanimously approved by both boards of directors and is expected to close before the end of the year. ![]() Under Microsoft, LinkedIn will continue to retain its “distinct brand, culture and independence." The acquisition is expected to become accretive to Microsoft’s profits by fiscal 2019 or less than two years after the deal is closed. Nadella's first major purchase as CEO was spending $2.5 billion on Minecraft-maker Mojang. Nadella took the top job at Microsoft in 2014 and has now orchestrated the biggest acquisition in its history, outdoing its $8.5 billion purchase of Skype in 2011 and its $7.6 billion acquisition of “Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we seek to empower every person and organization on the planet.” ![]() “The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals,” said Nadella.
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