The European Union on Tuesday approved Microsoft's mega buyout of the professional networking site LinkedIn, provided the US tech giant meets commitments to allow fair competition.
"Today's decision ensures that Europeans will continue to enjoy a freedom of choice between professional social networks," EU competition chief Margrethe Vestager said.
The deal, Microsoft's largest ever acquisition, will allow the company to add a suite of sales, marketing and recruiting services to its core business products as it gears up for next-generation computing.
The bulk of LinkedIn's $3 billion annual revenue comes from job hunters and recruiters who pay a monthly fee to post resumes and connect with people.
Please click to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the cookies used on our website in accordance with the relevant legislation.
6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan çerezlerle ilgili bilgi almak için lütfen tıklayınız.