Lynda Ann

[Geri Cutcher]

Thetransaction is valued at approximately $1.5 billion, subject to adjustment, in a combination of approximately 52 percent cash and approximately 48 percent stock. Subject to the completion of customary conditions, the acquisition is expected to close during the second quarter of 2015.

"This is such an exciting moment in the 20-year history of lynda.com, and I couldn't imagine a better pairing than lynda.com and LinkedIn," said Lynda Weinman, co-founder and executive chair of the board of lynda.com.

"In LinkedIn, we have found an incredible partner who shares our vision and passion for empowering people around the world to make real change in their lives through access to information, learning and professional development," said Eric Robison, CEO of lynda.com.

LinkedIn will host a webcast and conference call to discuss the acquisition agreement today at 8:45 am Eastern Time/5:45 am Pacific Time. Jeff Weiner and Steve Sordello will host the webcast, which can be viewed on the investor relations section of the LinkedIn website at This call will contain forward-looking statements and other material information. Following completion of the call, a recorded replay of the webcast will be available on the website.

lynda.com is a leading online learning company that helps anyone learn business, technology and creative skills to achieve personal and professional goals. Through individual, corporate, academic and government subscriptions, members have access to the lynda.com and Video2Brain video library of more than 6,300, engaging, top-quality courses and more than 267,000 video tutorials taught by recognized industry experts. The company also provides German, French and Spanish-language content under the video2brain brand name.

lynda.com, Inc. was founded in 1995 and is headquartered in Carpinteria, California with offices in San Francisco, London, Sydney and Graz and is funded in part by Accel Partners, Spectrum Equity, TPG Capital and Meritech Capital Partners.

3a8082e126