It’s one of the biggest tech deals ever.
Microsoft plans to buy professional-networking service LinkedIn for $26.2-billion.
Tech expert David Papp says it’s a way for Microsoft to break into the social networking universe.
“We’ve got Google that has Google Plus, Facebook has it’s own thing, there’s Twitter, Instagram, Pinterest, but this is a great, amazing deal for Microsoft to get latched into the big social media revolution that’s occurring right now.”
If you’re not familiar with LinkedIn, Papp calls it Facebook for professionals.
As for how Microsoft can make money from this, Papp expects them to do so through advertising and offering premium services.
“Business people, more often than not, have money that they’re willing to spend on services like this in order to get additional value. There is sort of an expectation for other services like Facebook and Google that people will never want to pay for that.”
There are more than 430 million members on LinkedIn.