Well here it is - Microsoft seriously upping their game in Social Media with the announcement that they are acquiring LinkedIn.
Look out for all sorts of guesswork as to how Microsoft will leverage the network, but I would expect to see 'professional networking' becoming integrated into a wide range of their products.
On the surface this looks like a win, win for both companies and makes a lot of sense all round.
Microsoft and LinkedIn Corporation on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain its distinct brand, culture and independence.