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LinkedIn sells SlideShare to digital library leader Scribd
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SME Times News Bureau | 12 Aug, 2020
Microsoft-owned LinkedIn has
announced to sell SlideShare, the hosting platform for presentations and
other professional content to US-based e-book and audiobook
subscription service Scribd for an undisclosed sum.
LinkedIn acquired SlideShare in 2012, and Microsoft bought LinkedIn in 2016.
"On
September 24, Scribd will begin operating the Slideshare business, its
100 million users, along with its presentation upload and hosting tools,
and tremendous archive of presentations and documents," LinkedIn said
in a statement on Tuesday.
Scribd's premium subscription service
offers over 1,000,000 professionally published ebooks, audiobooks,
podcasts, sheet music, and magazines, alongside over 100 million
documents uploaded from its community.
"Our acquisition of
SlideShare is a major step towards creating the world's largest digital
library," Scribd CEO and co-founder Trip Adler said in a statement.
"Scribd
has accumulated a unique collection of user-generated and professional
content that we make available to our readers via personalized
recommendations, and the addition of presentations from the SlideShare
community advances our vision".
With the acquisition of SlideShare, Scribd will add over 40 million presentations to the Scribd reading ecosystem.
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