The NS Link to the LinkedIn Deal
There was a Nova Scotian angle to the $1.5 billion deal that was the talk of Silicon Valley yesterday.
Professional social media network LinkedIn announced it would pay $1.5 billion in cash and stock for Lynda.com, a Carpinteria, Calif.-based company that offers online training. Part of the technology that LinkedIn is buying was developed by Halifax-based Compilr, founded by serial entrepreneur Patrick Hankinson.
Last year, Lynda bought Compilr for an undisclosed price, and Hankinson and his CTO Tim Speed have continued to work on the product since the deal closed.
Compilr began life