LinkedIn has just acquired professional content sharing platform SlideShare for $119 million in cash and stock. We’ve pasted the release below.
SlideShare is a sharing platform for business documents, videos and presentations. SlideShare lets anyone share presentations and video and also serves as a social discovery platform for users to find relevant content and connect with other members who share similar interests. The company also has a huge enterprise following, and companies like IBM and others use the platform to curate content from all of their employees and partners on a branded page.
SlideShare users have uploaded more than nine million presentations, and according to comScore, in March SlideShare had nearly 29 million unique visitors.
SlideShare has raised $3 million in funding from Jonathan Abrams, Mark Cuban, Dave McClure, and Venrock.
The acquisition makes a lot of sense from a product point of view. SlideShare recently deepened its integration with…
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