Companies that provide e-training services have become attractive targets. A stellar example can be found in LinkedIn’s recently announced intention to spend $1.5 billion to buy Lynda.com, an online learning company that teaches career skills. The deal represents the social media company’s biggest acquisition in its 12-year history and signals a continuing expansion beyond professional networking.
Before Lynda.com’s recent deal with LinkedIn, the startup bought Video2brain GmbH, a video training company, in 2013. In early 2015, it raised $186 million and was expected to spend some of the capital on more acquisitions. A slate of services similar to Lynda.com have been scooped up by competitors, and it will be interesting to see if LinkedIn will continue buying in the space.