Microsoft-LinkedIn deal cleared by regulators!

Microsoft-LinkedIn deal cleared by regulators! On June 13, Microsoft announce that would acquire LinkedIn. Today, the European Commission announced that it has cleared the acquisition. As a result, we’ve now obtained all of the regulatory approvals needed to complete the acquisition, and the deal will close in the coming days. The approval in Brussels follows similar reviews and clearances in the United States, Canada, Brazil and South Africa.

Company  formalized several commitments regarding Microsoft’s support for third-party professional social networking services.

For the next five years:

  • Continue to make Office Add-in program available to third-party professional social networking services. The Office Add-in program enables developers to integrate their services into Microsoft Office Apps, providing users an enhanced experience using Office.
  • Continue to make promotional opportunities in the Office Store available to third-party professional social networking services.
  • IT administrators and users can customize their Office experience by choosing whether to display in the user interface the LinkedIn profile and activity information that may be integrated in the future.
  • LinkedIn application or a tile for Windows PCs and include it in Windows, allow PC manufacturers to choose not to install them on their Windows PCs in the European Economic Area, or EEA. Similarly. No Windows prompt users to install a LinkedIn application, although it can remain available in the Windows Store and be promoted in other ways.

In June, Satya Nadella and Jeff Weiner, the CEOs of Microsoft and LinkedIn, announced their shared vision for bringing together the world’s leading professional cloud with the world’s leading professional network. Microsoft and LinkedIn together have a bigger opportunity to help people online to develop and earn credentials for new skills, identify and pursue new jobs, and become more creative and productive as they work with their colleagues.

Through Microsoft Philanthropies, company invest more than any other company to bring digital skills to schools. Through Microsoft Affordable Access initiative and new wireless broadband “TV White Spaces” technologies, company will help bring broadband access to more rural communities. And with the LinkedIn Economic Graph, with its data on local job growth and skills needs, there is an expanded opportunity to help governments use better data and analytical capabilities to pursue economic development strategies to help connect people with new opportunities.

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