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Social Media Website LinkedIn announced a $118.75 million deal to buy Slide Share.

News Helpline | May, 08 2012

Social networking site Linked in would now be a bullet gun for all. Deep Nishar, Senior Vice President, Products and User Experience, LinkedIn said in a blog post that the two internet companies (linked in and slide share) have been working closely to help professionals be more effective. Recently LinkedIn announced a $118.75 million deal to buy Slide Share Services for online hosting of PowerPoint, Keynote and other presentations. In turn slide share will also add up to the initiative taken. It’s similar to Instagram in association to Facebook.

“We see a significant consolidation in the digital medium today and we will see more such deals happening in the near future. LinkedIn could have either created or bought a professional site but buying option was better in this case. SlideShare is already important in the digital domain. It is a win-win situation for both the players.” Said Sanglikar CEO, AD2C.

It’s obvious that slide share users will feel no change connecting to the site. They can continue in the same manner. SlideShare India received close to nine million content uploads and 29 million monthly unique visitors.  It is as similar to the five-year old document sharing website operates from San Francisco and New Delhi.

LinkedIn extensions include the likes of Groups and Company Pages and Q&A sections. All of these are either company promotional content or short term transactional content. Linked in is one of the strongest and leading professional web sites. Its collaboration with slide share will take it a step further. This would provide best available facilities to it users. 


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