Sunday March 29, 2020

LinkedIn buys marketing startup for $175m

LinkedIn, owner of the largest professional-networking website, agreed to buy business-marketing startup Bizo for about $175 million.

23rd July, 2014
LinkedIn is to buy business-marketing startup Bizo for about $175 million.

LinkedIn, owner of the largest professional-networking website, agreed to buy business-marketing startup Bizo for about $175 million.

LinkedIn will pay 10 per cent of the purchase price in stock and the rest in cash, the Mountain View, California-based company said yesterday in a statement. The acquisition of San Francisco-based Bizo, which was founded in 2008, is expected to close in the third quarter.

Bizo, already a LinkedIn partner, makes tools that help salespeople and marketers decide whom to...

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