MOUNTAIN VIEW, Calif.--(LinkedIn, the world’s largest professional network with more than 75 million members globally, has agreed to acquire mSpoke, a startup focused on making media more relevant through their recommendation technology with offerings for content publishers, research analysts and individuals.)--
“As we spent time with the LinkedIn team, we were struck by how similar our visions are”
“mSpoke and LinkedIn’s shared focus on generating relevant content make this acquisition a natural fit for us,” says Jeff Weiner, chief executive officer of LinkedIn. “We’re actively investing in solutions that help deliver valuable professional insights to LinkedIn members. The addition of mSpoke’s talented team of technologists make it an even more compelling opportunity for LinkedIn.”
mSpoke is based in Pittsburgh and was founded by chief executive officer Sean Ammirati, chairman of the board Dave Mawhinney and chief technology officer Dean Thompson. The company was also co-founded by seed investor and board member Ed Engler. The mSpoke team has deep ties with Carnegie Mellon University, a recognized world leader in advanced computer science technologies.
“As we spent time with the LinkedIn team, we were struck by how similar our visions are,” said Dean Thompson, one of mSpoke’s three co-founders. “Both LinkedIn and mSpoke are passionate about generating relevancy from the rich stream of content being created by our members. We’re looking forward to joining the team and helping provide useful recommendations that help professionals tackle problems quickly and more efficiently.”
Financial terms of the acquisition are not being released.
LinkedIn is an Internet platform company focused on connecting the world's professionals. The company is privately held and has a diversified business model with revenues driven from user subscriptions, advertising sales and enterprise software licensing. The LinkedIn Web site launched in 2003 and is the largest professional networking site in the world with more than 75 million members, representing 200 countries and executives from every Fortune 500 company.