LinkedIn is acquiring online learning company lynda.com for $1.5 billion in cash and stock, the social networking site announced Thursday.
Lynda.com offers professional development courses on design, creative and business topics. Some of the courses, for example, teach how to write HTML, negotiate better, or use design software like Photoshop. The site was launched by Lynda Weinman and Bruce Heavin in 1995 as a way to teach Web publishing and design.
Integrating lynda.com with LinkedIn would allow job seekers to know what skills are required for a position they’re interested in and immediately be prompted to take a course in that subject, Ryan Roslansky, LinkedIn’s head of content, said in a blog post. Further details on whether lynda.com would be combined with LinkedIn, or if the training site would continue to operate independently weren’t provided.