LinkedIn Learning

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
LinkedIn Learning
Formerly
Lynda.com (1995-2017)
Subsidiary
Founded1995 (1995)
FoundersLynda Weinman
Bruce Heavin
Key people
Eric Robison, CEO
ServicesOnline education
Online publishing
Online training
RevenueUS$100 million (2013)
OwnerMicrosoft
Number of employees
500+ (2014)
ParentLinkedIn
Websitewww.linkedin.com/learning/
Footnotes / references
[1]

LinkedIn Learning is an American massive open online course website offering video courses taught by industry experts in software, creative, and business skills. It is a subsidiary of LinkedIn.

It was founded in 1995 by Lynda Weinman as Lynda.com before being acquired by LinkedIn in 2015.[2] Microsoft acquired LinkedIn in December 2016.

History[edit]

LinkedIn Learning was founded as Lynda.com in 1995 in Ojai, California, as online support for the books and classes of Lynda Weinman, a special effects animator and multimedia professor who founded a digital arts school with her husband, artist Bruce Heavin.[3]

In 2002, the company began offering courses online.[4] By 2004, there were 100 courses, and in 2008, the company began producing and publishing documentaries on creative leaders, artists, and entrepreneurs.[5]

In 2013, Lynda.com received its first outside investment, raising $103 million in growth equity from Accel Partners and Spectrum Equity, with additional contributions from Meritech Capital Partners.[6] On January 14, 2015, Lynda.com announced it had raised $186 million in financing, led by investment group TPG Capital.[7]

On April 9, 2015, LinkedIn announced its intention to buy Lynda.com in a deal valued at $1.5 billion, which officially closed on May 14, 2015.[8] The site re-branded to "Lynda.com® From LinkedIn".[9]

In 2016, Lynda.com began to broadcast courses on their Apple TV application.[10]

On June 13, 2016, Microsoft announced that it would acquire Lynda.com's parent company LinkedIn for $26.2 billion. The acquisition was completed on December 8, 2016.[11][12][13]

In October 2017, Lynda.com was merged and renamed LinkedIn Learning.[14]

Acquisitions[edit]

In February 2013, Lynda.com acquired video2brain, an Austrian-based provider of online classes in web design and programming, available in German, French, Spanish, and English.[15]

On April 7, 2014, Lynda.com purchased Canadian startup Compilr, provider of an online editor and sandbox.[16]

References[edit]

  1. ^ "Lynda.com Lands $103 Million in Biggest Education Financing". Bloomberg. 2013-01-16. Retrieved 2014-02-22.
  2. ^ Larson, Selena (2013-12-03). "Lynda.com Founder: I Was Educating Online Before Online Education Was Cool". ReadWrite. Retrieved 2019-02-06.
  3. ^ Roush, Wade (2013-03-28). "Knowledge When You Need It: Lynda.com and the Rise of Online Education". Xconomy.
  4. ^ Singel, Ryan (2011-06-17). "A Paywall That Pays Off: How Lynda.com Broke All the Rules and Won". Wired. ISSN 1059-1028. Retrieved 2019-02-06.
  5. ^ Meyer, Stephen J. (2015-05-12). "LinkedIn's Blockbuster Deal With Lynda.com: What It Means To The Online Learning Industry". Forbes. Retrieved 2018-01-20.
  6. ^ Empson, Rip (2013-01-15). "After 17 Years, Education Platform Lynda.com Raises Its First Round of Funding, $103M From Accel & Spectrum". TechCrunch.
  7. ^ Singer, Natasha (2015-01-14). "Investors Put $186 Million Into Lynda.com, an Online Tutorial Service". Bits Blog. Retrieved 2019-02-06.
  8. ^ Roslansky, Ryan (2015-04-09). "Welcome to the LinkedIn Family, lynda.com". blog.linkedin.com. Retrieved 2017-11-01.
  9. ^ "About Us". Lynda.com – from LinkedIn. Retrieved January 19, 2018.
  10. ^ Yeung, Ken (2016-04-21). "LinkedIn makes all Lynda.com courses available on Apple TV". VentureBeat. Retrieved 2018-01-20.
  11. ^ "Microsoft to acquire LinkedIn | News Center" (Press release). Microsoft. June 13, 2016. Retrieved 2016-06-13. Microsoft Corp. and LinkedIn Corporation on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $16 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash.
  12. ^ Greene, Jay (2016-06-14). "Microsoft to Acquire LinkedIn for $26.2 Billion". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-02-06.
  13. ^ Weiner, Jeff (2016-12-08). "LinkedIn + Microsoft: Our Next Play Begins". LinkedIn.
  14. ^ "Upgrading from Lynda.com to LinkedIn Learning". Lynda.com - from LinkedIn. 2017-10-20.
  15. ^ Heussner, Ki Mae (2013-02-13). "Flush with cash, lynda.com buys European online learning site video2brain". Gigaom. Retrieved 2019-02-06.
  16. ^ Lunden, Ingrid (2014-04-07). "E-Learning Platform Buys Compilr To Add In-Browser Coding Tools, Price Around $20M". TechCrunch.

External links[edit]