A 10K filed by LinkedIn on February 16, 2016, states that the estimated purchase price of the popular profile aggregator, Connectifier, is $100,000,000. This valuation should clear things up for anyone who was still questioning the viability of the profile aggregator space. With this news, the price just went up for anyone looking to acquire a Connectifier competitor.
Who’s next?
good reporting.
Thanks, Matt :).
The next Connectifier competitor: http://www.contextscout.com
So..the “and common stock” part…how does that work? Did the big drop in LinkedIn stock impact the purchase price at all? I’m clueless on how these big deals/acquisitions work.
That’s a lot of money for LinkedIn to just bury the tool…and it really doesn’t make that much sense (at least to me) for them to integrate it into their services, so my questions still remains: why?
That’s a lot of money for LinkedIn to just bury the tool…and it really doesn’t make that much sense (at least to me) for them to integrate it into their services, so my questions still remains: why?