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Lynda.com agreement renewed three years รข€
src: michigan.it.umich.edu

lynda.com is an American online education company offering video courses taught by industry experts in software, creative, and business skills. It was founded in 1995 by Lynda Weinman. The company is based in Carpinteria, California, and has more than 500 employees worldwide. In May 2015, LinkedIn purchased lynda.com for $1.5 billion.


Video Lynda.com



History

lynda.com was founded 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.

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

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.

On January 14, 2015, lynda.com announced it had raised $186 million in financing, led by investment group TPG Capital.

In 2016, lynda.com began to broadcast courses on their Apple TV application.


Maps Lynda.com



Acquisitions

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.

On April 7, 2014, lynda.com purchased Canadian startup Compilr, provider of an online editor and sandbox.

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

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.


Lynda.com Available to Students | shuTech Blog
src: blogs.shu.ac.uk


References


Lynda.com - Software Acquisition -
src: software.sites.unc.edu


External links

  • Official website

Source of the article : Wikipedia

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