LinkedIn Acquired Glint, for Reportedly $400M

linkedin glintMicrosoft company LinkedIn acquired Glint, a Redwood City, CA-based employee engagement company, for reportedly $400m.

The deal is subject to the completion of customary conditions and expected to close during the second fiscal quarter of 2019, which ends December 31.

Glint is a leader in employee engagement that enable people in organizations to do their work, develop their skills, and improve business results.

The acquisition will combine LinkedIn’s insights into the larger workforce with Glint’s internal view into employee engagement and skills to help talent leaders solve difficult issues, such as:

  • getting visibility into the overall health and performance of their organization,
  • where to find new talent,
  • if capabilities of a team are aligned with what the business requires, and
  • how to ensure they attract, develop and retain the best talent to build the best teams.

Through the combined offerings, LinkedIn can translate the specific feedback a manager gets from their employees on Glint into a personalized LinkedIn Learning experience focused on the topics that will help them improve, thus making the feedback much more actionable.

The Glint team will be joining LinkedIn with CEO and founder Jim Barnett reporting to Daniel Shapero, Vice President Talent Solutions, Careers, & Learning, LinkedIn. All other Glint executives will continue to report to Barnett with the exception of HR, finance, information security, and legal, which will join the functional teams at LinkedIn.
Over the next 12-18 months, the companies plan to functionally integrate the teams within LinkedIn.

Read two posts about the deal by Shapiro and Barnett

FinSMEs

10/10/2018

 

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