Linkedin to buy e-reader company Pulse for $90 million

LinkedIn is going to spend about $90 million to buy popular e-reader company Pulse. It will help Linkedin to provide e-reader platform on mobile devices.

The San Francisco-based e-reader company Pulse has more than 30 million users worldwide and applications can be run both on Apple and Android-based operating systems.

Pulse was founded by two Indian origin Stanford University students – Akshay Kothari and Ankit Gupta in 2010.

Linkedin reportedly will pay $90 million in form of 90% stock and 10% cash. Also all Pulse employees will join Linkedin.

• About the Author

About Sprightly Spirit

“I dare do all that may become a man. Who dares more is none”. And all, may be. It may be the vigor. Or the spirit. Or the courage to avoid being “politically correct” or bent. And, ban all averse with immaculate overture of graciously fathomable words firm in views. Subtle. Justifying the undying conscience. Values. Knowledge. And, dares to stay true. True to own. True to the world. And, to the words. With a dream in eyes it exists. In you. In me. In all. The sprite that never shies away. The spirit that never dies!