(http://www.blogcdn.com/www.engadget.com/media/2013/04/pulse-mobile-apps.jpg) (http://www.engadget.com/2013/04/11/linkedin-acquires-pulse-news-reader-for-90-million/)
LinkedIn has been pretty clearly repositioning itself (http://www.engadget.com/2012/10/02/linkedin-branches-out-with-new-blogging-and-following-features/) as a source for news as of late, and it's now made that shift even clearer with a fairly major acquisition. The company announced today that it has acquired Pulse, maker of news reader apps (http://www.engadget.com/2012/11/09/pulse-3-0-update/) for mobile devices (in addition to a web-based offering (http://www.engadget.com/2012/08/09/pulse-reader-browser-app-IE10/)) at a cost of some $90 million. In its own blog post announcing the news, Pulse says that its apps will remain as they are for now, although they will now offer a "LinkedIn Influencer" feed featuring the company's hand-picked contributors. According to Pulse, its apps currently have over 30 million users around the globe, with approximately 40 percent of those outside the US; for its part, LinkedIn recently topped 200 million users.
Filed under: Internet (http://www.engadget.com/category/internet/), Software (http://www.engadget.com/category/software/)
Comments (http://www.engadget.com/2013/04/11/linkedin-acquires-pulse-news-reader-for-90-million/#comments)
Source: LinkedIn (http://blog.linkedin.com/2013/04/11/welcome-pulse-to-linkedin-family/), Pulse (http://blog.pulse.me/post/47721164686/pulse-joins-the-linkedin-family)
Via: Engadget