Tuesday Briefing: Microsoft Acquires LinkedIn, Rocks the Market

June 14, 2016

The market was shocked, awed and puzzled by Microsoft’s decision to buy LinkedIn for a whopping amount of $26.2 billion. That’s a lot of zeros. Time will tell if this deal will pay off for Microsoft, but for now, without a doubt, it is the single most-talked about event on Sentifi, which skyrocketed Microsoft to the top spot on Sentiti Attentions list. The discussions about this deal will last at least a couple of days, so stay tuned on Sentifi to monitor the crowd’s sentiment regarding this gigantic deal. For now, read on to find what else has got the crowd’s attention.


1/ Microsoft: Acquires LinkedIn in the biggest deal in the software industry [24,921 messages in the last 24h]

Microsoft has handed out $26.2 billion to LinkedIn in exchange of its acquisition. This is Microsoft’s biggest acquisition, dwarfing its biggest previous acquisition of Skype for $8.5 billion. Many experts warn this deal may not be a good thing for Microsoft as it will be hard to get value out of a deal this big. But, this deal is a further step in Microsoft’s strategy to focus on India as the country is LinkedIn’s second largest market outside the U.S.

2/ G4S: Shares plunge following Orlando shooting [3,327 messages in the last 24h]

Following the revelation that the shooter responsible for the Orlando shooting was an employee of the company, G4S shares plunged 6.5% to its seven-year low. The company is also facing scrutiny into its employment vetting practices. This is on top of its race scandal where many of its guard exchanged racist text messages.

3/ Symantec: Stock rises following Blue Coat acquisition [2,740 messages in the last 24h]

Symantec shares increased 5.26% after it acquired Blue Coat for $4.6 billion in cash. The deal is now expected to be completed in the third quarter of 2016. Aside from gaining Blue Coat, Symantec will gain a CEO as well.

4/ GBP: Swings to a low as Leave is getting more support [1,769 messages in the last 24h]

The growing support for Leave has pushed the pound to a two-month low against the dollar. (Getty)

The pound dropped to a two-month low against the dollar due to a potential Brexit. With the EU referendum around the corner, more people are voting to leave the EU, namely 43% compared to 42% voting to stay, according to a poll conducted by the Sunday Times and YouGov. The pound also reached a two-month low against the euro. Just yesterday, Deutsche Bank forecast a Brexit could lead to a 10% drop in European equities.




5/ Satya Nadella: Shocks the market with LinkedIn acquisition [891 messages in the last 24h]

“It helps us differentiate our CRM product with social selling. It helps us take Dynamics into new spaces like human capital management with recruiting, and learning, and talent management.”

6/ Tata Power Company Ltd: Plans to find more funds to push renewable energy growth [784 messages in the last 24h]

The power company is thinking about bringing on board strategic investors to fuel fund growth for its renewable energy business. Following its acquisition of Welspun Renewables Energy, Tata is now the second largest producer of renewable energy in India, which gives it a great opportunity to attract global investors.

7/ LinkedIn Corp: Board of directors faces an investigation following Microsoft deal [629 messages in the last 24h]

The marriage between Microsoft and LinkedIn. (LinkedIn)

LinkedIn shares soared 48% after it got acquired by Microsoft in the largest deal in the software industry. Not soon later, Harwood Feffer LLP opens an investigation into whether the board is fulfilling its duty and maximizing the company’s value, among other things.

8/ Nokia Corporation: Enters into a deal with China Mobile [513 messages in the last 24h]

A one-year framework deal was signed by Nokia with China Mobile. The deal is worth $1.5 billion and will ease the worry that Nokia is losing market share while merging operations with Alcatel-Lucent which it bought earlier this year for €15.6 billion. It’s reported that Nokia plans to cut 10,000 to 15,000 jobs globally.

9/ Sony: Makes lots of announcements at E3 [461 messages in the last 24h]

At the Electronic Entertainment Expo 2016, Sony announced a release date for its virtual-reality headset and a list of highly anticipated games at its press conference. The VR headset will launch in the U.S. on October 13 for $399. Better yet, the company’s shares went up 0.6% after the conference.

10/ China Mobile Ltd: Shares fall on deal with Nokia [389 messages in the last 24h]

China Mobile signed a deal with Nokia to have the Finnish company build its cloud network to meet the ever-growing data demands of its users. But, the investors don’t seem to like the deal, as the company’s shares fell 2.06% afterward.

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