LinkedIn, a Microsoft company, bought an employee surveying company in a deal said to be valued at over $400 million (MSFT)

jeff weinerChip Somodevilla/Getty

  • LinkedIn announced its intent to buy the employee survey software company Glint in a deal said to be valued at more than $ 400 million. 
  • Glint specializes in employee surveys measuring satisfaction with management, compensation, and other internal issues. 
  • The company last raised $ 20 million in November 2017, at a $ 220 million valuation. 

On Monday, LinkedIn — the business social network that operates as an independent subsidiary of Microsoft — announced its intent to acquire Glint, an employee surveying startup.

While LinkedIn didn’t disclose terms of the deal, CNBC reports that the purchase price was over $ 400 million, and possibly more than $ 500 million, citing people familiar with the matter. The company did not immediately respond to a request for comment from Business Insider.  

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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