LinkedIn acquires Pulse for $90M
LinkedIn today announced that it has agreed to acquire news aggregation app Pulse for $90 million.
AllThingsD reported last month that the expected price of the acquisition was between $50 million to $100 million.
Pulse, which was founded in 2010, says it currently has more than 30 million active users worldwide, reading more than 10 million stories per day. Other news aggregator apps on the market include the likes of Flipboard, Zite, Feedly and more.
Pulse employees, including those from engineering, product and design, will join LinkedIn at the company’s Mountain View, Calif.-based
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in