LinkedIn gobbles up SlideShare

By Liam Tung on May 5, 2012 9:27 AM
Filed under Software
 

Moves into web presentations off strong earnings growth.

Professional social network LinkedIn has acquired widely-used web presentation sharing platform SlideShare.

LinkedIn CEO Jeff Weiner announced the $118 million acquisition at its first quarter 2012 earnings call last week.

The document sharing platform lets users upload and download presentations, documents, PDFs and videos.

Google recently integrated SlideShare into its Google+ Hangouts service, while salesforce.com more recently created its own “branded salesforce network" on SlideShare to support its content creation business.'

LinkedIn made a strong debut on the New York Stock exchange last year. 

The company’s first quarter revenues were US$188.5 million, up 101 per cent on its 2011 first quarter, with net income for the quarter of US$5 million. 

The bulk of its earnings came from its ‘hiring solutions’ business, launched shortly after its IPO, which generated US$102 million.

Marketing solutions generated US$48 million while ‘premium subscriptions raised US$37 million.

Copyright © iTnews.com.au . All rights reserved.


LinkedIn gobbles up SlideShare
Tags
slideshare, acquisition, social, network, presentation, html5, web, enterprise, cloud
Related Articles
Breaking Stories
 
Readers of this article also read...
 
 
 
Top Stories
Photos: AusCERT 2013 day one
Photos: AusCERT 2013 day one
First day of the Queensland security conference.
 
CenITex to move from IT provider to broker
CenITex to move from IT provider to broker
Documents reveal new strategy.
 
eHealth measures missing the point
eHealth measures missing the point
Opinion: When will the PCEHR lead to patient outcomes?
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...

Latest VideosSee all videos »

Bankwest builds continuous delivery capability
Bankwest builds continuous delivery capability
To automatically deploy test/dev sandboxes by mid-year.
Veterans' Affairs sets sights on modernisation
Veterans' Affairs sets sights on modernisation
Data safe with Human Services, CIO says.
Citi Australia drops platform customisations
Citi Australia drops platform customisations
Technology chief shifts focus from building to leveraging systems.
VicRoads restructures IT team
VicRoads restructures IT team
Department moves to align with industry benchmarks.
Zurich Australia extends IT team offshore
Zurich Australia extends IT team offshore
Malaysian staff served from Australian data centres.
Leigh Berrell - Utilities CIO of the Year
Leigh Berrell - Utilities CIO of the Year
Yarra Valley Water CIO Leigh Berrell accepts his Benchmark Award for Utilities CIO of the Year.
Wayne McMahon - Retail CIO of the Year
Wayne McMahon - Retail CIO of the Year
Domino's Pizza CIO Wayne McMahon accepts his Benchmark Award for Retail CIO of the Year.
Inside Perpetual's ongoing IT transformation
Inside Perpetual's ongoing IT transformation
CIO Jenny Levy discusses how outsourcing will help the firm "simplify, refocus and grow".
Managing Complexity - Defence's Daniel McCabe
Managing Complexity - Defence's Daniel McCabe
Daniel McCabe, Assistant Secretary of Australia's Department of Defence, provides the audience at the iTnews Data Centre Strategy Summit with a deep dive into the organisation's data centre consolidation program.
How Facebook designed the data centre from scratch - Marco Magarelli
How Facebook designed the data centre from scratch - Marco Magarelli
The full keynote by Facebook data centre architect Marco Magarelli at the Australian Data Centre Strategy Summit. Magarelli details the design considerations behind the social network's Prineville, Oregon; North Carolina and Luleå, Sweden data centres.
Modernising Legacy Data Centres - Telstra's Jon Curry
Modernising Legacy Data Centres - Telstra's Jon Curry
Telstra general manager of managed data centres Jon Curry guides the audience at the iTnews Australian Data Centre Summit through the build of the telco's Clayton, Victoria data centre.
NSW Government launches NABERS data centre rating tools
NSW Government launches NABERS data centre rating tools
Matthew Clark from the NSW Department of Environment guides facilties managers through the details of the new NABERS data centre energy rating tool at the Australian Data Centre Strategy Summit.
NABERS launch panel: Australian Data Centre Strategy Summit
NABERS launch panel: Australian Data Centre Strategy Summit
Matthew Clark (NSW Dept of Environment), Greg Boorer (Canberra Data Centres), Glenn Allan (National Australia Bank), Mike Andrea (Strategic Directions) and Bob Sharon (Green Global Consulting) discuss the impact of the NABERS data centre rating.
Judges notes: Fortescue Metals [The Benchmark Awards]
Judges notes: Fortescue Metals [The Benchmark Awards]
iTnews' panel of judges discuss Fortescue Metals 'New World of Work" project, one of three shortlisted finalists for the Industrials category of the CIO Benchmark Awards.
Judges notes: Retail [The Benchmark Awards]
Judges notes: Retail [The Benchmark Awards]
iTnews' panel of judges discuss the shortlisted finalists for the Retail category of the CIO Benchmark Awards.
Judges notes: Pacific Aluminium [The Benchmark Awards]
Judges notes: Pacific Aluminium [The Benchmark Awards]
iTnews' panel of judges discuss Pacific Aluminium's lightning fast service desk refresh, one of three shortlisted finalists for the Industrials category of the CIO Benchmark Awards.
Judges notes: Domino's Pizza [The Benchmark Awards]
Judges notes: Domino's Pizza [The Benchmark Awards]
iTnews' panel of judges discuss Domino's Pizza's shift to hosted services, one of three shortlisted finalists for the Retail category of the CIO Benchmark Awards.
Judges notes: McDonald's Australia [The Benchmark Awards]
Judges notes: McDonald's Australia [The Benchmark Awards]
iTnews' panel of judges discuss McDonald's Australia's new self-service portal for employees, one of three shortlisted finalists for the Retail category of the CIO Benchmark Awards.
Judges notes: ING Direct [The Benchmark Awards]
Judges notes: ING Direct [The Benchmark Awards]
iTnews' panel of judges discuss ING Direct's 'Bank in a Box', one of three shortlisted finalists for the banking and finance category of the CIO Benchmark Awards.
Judges notes: Yarra Valley Water [The Benchmark Awards]
Judges notes: Yarra Valley Water [The Benchmark Awards]
iTnews' panel of judges discuss Yarra Valley Water's insourcing project, one of three shortlisted finalists for the Utilities category of the CIO Benchmark Awards.
Latest Comments
Powered by Disqus
Polls
Do you prefer the Coalition's NBN policy?
   |   View results
Yes
  19%
 
No
  81%
TOTAL VOTES: 1702

Vote
view previous polls »