

Remember that heady time? Investors did, which was one of the issues. Microsoft bought LinkedIn for $196 a share, which is a very nice bump from its current price, although that’s still much lower than its high of nearly $270 back in early 2015. Clearly, Weiner and LinkedIn’s board agreed, starting talks just after its troubled February report in which the company had lowered its forecasts. LinkedIn’s stock was down more than 43 percent since July of last year, and there wasn’t much reason to believe it would regain that value anytime soon. So why did LinkedIn sell, especially after CEO Jeff Weiner had long touted it as an independent entity? In the deal, which still has to receive the expected regulatory approvals, Microsoft paid $196 a share, a 50 percent premium on LinkedIn’s $131 closing price on Friday. I think there is much more potential here.LinkedIn is now "Microsoft-owned LinkedIn," a distinction that cost Microsoft just a little north of $26 billion. An individual can configure their LinkedIn public profile to show more or less information. LinkedIn public profiles usually give name, where they work, job title, profile picture, bio and recent posts. If the person you are chatting to has a LinkedIn profile associated with the email/UPN or it will do a search by name (like Outlook), then their public photo and other details are now available as a tab in 1:1 conversation. This requires that your tenant has the admin setting for LinkedIn integration turned on, it is enabled by default. This will begin rolling out in mid-March and expect to complete by early April. Initially, this is limited to contacts within the tenant, but as the contact card updates are released, then this will be available for all contacts within and outside the tenant. Users will be able to see LinkedIn profiles of their colleagues in 1:1 chat, not in the contact card, but as a separate tab in the chat. Now Microsoft has announced some LinkedIn integration into Teams. Many years later we did see LinkedIn details in Outlook Contact cards, but not a great deal more. At the time there was a lot of talk about the value of integrated LinkedIn to Microsoft Office 365 and Dynamics. Microsoft bought LinkedIn way back in 2016 in an all-cash transaction valued at $26.2 billion.
