Microsoft acquire linkedin 26 billion

That's correct! Microsoft acquired LinkedIn in 2016 for $26.2 billion. The acquisition was announced on June 13, 2016, and the deal was completed on December 8, 2016.

At the time, LinkedIn was a publicly traded company with a market capitalization of around $40 billion. Microsoft acquired the company in an all-cash deal, with a price of $196 per share, which represented a 49.5% premium over LinkedIn's closing price on June 13, 2016.

The acquisition was seen as a strategic move by Microsoft to expand its presence in the professional networking and online learning spaces. LinkedIn's platform, which had over 433 million users at the time, provided Microsoft with a strong foothold in the professional networking market, as well as access to a vast pool of user data and talent.

Since the acquisition, Microsoft has continued to invest in LinkedIn's platform, expanding its features and capabilities to include new areas such as online learning, job search, and recruitment. Today, LinkedIn is one of the largest and most popular professional networking platforms in the world, with over 700 million users.