An interestingL acquisition

LinkedIn buys Pulse for talent, future of app uncertain

linkedinlogoLinkedIn, a social network most popular among networking professional types, has just purchased popular news reading application Pulse for a decent sum of $90 million. Pulse has apps currently available for iOS and Android and is similar in execution to a similar, more popular application called Flipboard. Despite this, Pusle has a large and passionate user base who rely on and use the software every single day, including myself. For these people, there unfortunately is reason for concern.

LinkedIn has been forward in saying that they purchased Pulse for the talent, saying that the existing Pulse team and the LinkedIn team will be working “side by side…to create new and better ways to help professionals contribute to and leverage this collective body of business knowledge. In the meantime, Pulse will continue to deliver the news you care about and will remain the great experience you count on everyday.” Pulse itself will be relocating to LinkedIn’s Mountain View, Calif., headquarters.

As for the current iteration of Pulse apps, LinkedIn said in a press release that the team will “continue to be supported as the integrated Pulse and LinkedIn teams work to build future generations of professional content consumption products.”

Via: TheNextWeb
Source: LinkedIn