Linked formally announces its acquisition of Pulse application with $ 90 million

In mid-March last happened site Tech Crunch on the information that the application display the content Pulse was acquired it by a network Linked social work, and today confirmed the network for this acquisition as the transaction value of $ 90 million, which includes 90% of the shares of the application and 10% in cash, and you want to network Linked from the deal to build a platform of its own for publication interested in

the field of business and jobs and the search for knowledge, which increase the value of the employee and found the network that the best option to have for the implementation of this idea is the acquisition of the application of Pulse, the network reported Linked that the application will notit will happen depends on the support of network management with the search for employment vision of the network to publish content to work in the future.

And the back of the application of Pulse in 2010 and made ​​the application a great success as the number of users to more than 30 million users from 190 countries, and there is in the application of more than 750 publisher of content sites such as technical famous and news sites and other sites and other services.

The network Linked They contain 200 million users and the number of visitors to the web site approximately 155 million visitors monthly unrefined, and check the company these days is also a great success from a financial point Luxury company's results show that it has achieved revenues exceeded $ 300 million.