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LinkedIn acquires news reader Pulse, shells out $90 million

LinkedIn acquires Pulse for a reported $90 million

| Business, Financial & Legal News | Posted: Apr 12, 2013 3:20 am

LinkedIn have announced that they have acquired the company who make the news reader app Pulse for a reported $90 million. Pulse has over 30 million users, and could give LinkedIn an injection of tools as they continue their mission to move from being a socially-enabled site to resumes and business connections to a complete information destination.

 

TweakTown image news/2/9/29674_05_linkedin_acquires_news_reader_pulse_shells_out_90_million.jpg

 

LinkedIn took to their blog announcing the news, with the company's senior vice president Deep Nishar writing "We believe LinkedIn can be the definitive professional publishing platform - where all professionals come to consume content and where publishers come to share their content."

NEWS SOURCE
Theverge.com

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