Commercially - that's some story. Bravo LinkedIn - from an initial IPO valuation of just over $4Bn, closing that day valued at $8.9Bn. Recently, losing $11Bn in value in one day (05/02/2016), and now valued and purchased for $26Bn.
That's good work by Reid Hoffman etal - bravo LinkedIn bravo...
Bravo Reid Hoffman Bravo
As to why Microsoft would acquire LinkedIn?
To me this could be a smart move by Microsoft. Before they had Bing, they had their s/w on every desk top but knew nothing of their customers... The value of really knowing all about your clients was a big lesson they learn't from Google. Hence the investment in Bing, IE and now Edge. Now Microsoft know a lot about us, crucial insights to what we do/like/want etc. So why LinkedIn? This Microsoft making a move on the social platforms? Are they after Facebook, will LinkedIn become less Business / Recruitment centric?
Days later it seems, having failed to purchase SalesForce, Microsoft valued highly the sales data and sales tools that come with LinkedIn. Looking even more like a smart strategic move by Microsoft. And again bravo Reid for knowing the value of your business, bravo.
Microsoft attracted to LinkedIn's sales data and sales tools