LinkedIn Acquires Pulse News Reader and Publishing Platform for $90 Million
In a move to make LinkedIn "the definitive professional publishing platform," the company has acquired Pulse, the makers of a news reader and mobile content distribution platform.
In a move to make LinkedIn “the definitive professional publishing platform,” the company has acquired Pulse, the makers of a news reader and mobile content distribution platform.
The company sold for approximately $90 million, 90 percent of which will be stock; the remaining 10 percent will be cash, according to LinkedIn.
Owned by Alphonso Labs, Inc., Pulse reaches 30 million users in 190 countries with content from more than 750 publishers on iOS and Android devices.
Members from the Engineering, Product, Design and other teams at Pulse will move to LinkedIn’s company’s Mountain View, Calif.,
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