Following the loss, Salesforce CEO Marc Benioff suggested Microsoft's plans to bundle LinkedIn data with other products were anticompetitive. Salesforce also wanted to buy it, and a months-long bidding war ensued. On the day the GitHub acquisition was announced, Friedman said Microsoft technologies would come to GitHub's marketplace, while GitHub would bring new capabilities to Microsoft's Visual Studio Code text editor. It tapped Nat Friedman, formerly CEO of mobile development start-up Xamarin, which Microsoft bought in 2016, to run GitHub, as GitHub had previously said it was looking for a new leader. Microsoft took a somewhat similar approach with its $7.5 billion acquisition last year of code-sharing service GitHub, emphasizing that it would run independently. 'Satya has made good on every single thing we talked about prior to the acquisition,' Weiner said. Weiner received a spot on Microsoft's senior leadership team and started reporting directly to Nadella, while keeping his CEO title. 'Of course, we'll learn from the past,' said Nadella about LinkedIn - he spoke from experience, as one of the executives responsible for Microsoft's advertising push following the close of the aQuantive deal.Īmy Hood, Microsoft's finance chief, said the main goal of the acquisition was to accelerate growth at LinkedIn, as well as the Office 365 and Dynamics 365 product lines.Īs part of the deal, LinkedIn got to retain its independence and Weiner remained in charge. Microsoft also reported a quarterly loss in 2015 after announcing $8.3 billion in charges tied to the restructuring of its phone hardware business, following Microsoft's $9.5 billion purchase of Nokia Devices and Services business.īoth of those deals were signed before Nadella replaced Steve Ballmer as CEO in 2014. Microsoft posted its first-ever quarterly loss as a result of the write-down.

In 2012 Microsoft announced a $6.2 billion write-down of goodwill that was mostly related to aQuantive, a digital advertising company it had bought for $6.3 billion in 2007 in its biggest transaction yet at the time. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit

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