Microsoft’s move to purchase LinkedIn for $26.2 billion is bringing out predictable talk of irrational exuberanceMicrosoft and LinkedIn have similar missions and putting the two together could allow for some significant cost savings. Photo: BloombergMicrosoft’s move to purchase LinkedIn for $26.2 billion—the largest company-for-company acquisition in the technology industry since Hewlett Packard’s 2002 purchase of Compaq—is bringing out the predictable talk of irrational exuberance. For a better sense of where the bubble might be, consider how Microsoft is raising the cash to fund the deal. But if the deal does indicate a bubble, it’s not necessarily in tech or in stocks. Microsoft, by contrast, is paying for the deal in cash.

Source: Mint June 14, 2016 09:56 UTC