Microsoft has just announced its intentions to purchase the “professional” social networking site LinkedIn for a staggering $26.2 billion in an all-cash transaction. That values LinkedIn at around $196 a share, compared to Friday’s close of $131.08 a share.

This marks Satya Nadella’s largest acquisition to date following his arrival as

Source: Hot Hardware – Microsoft Acquires LinkedIn Professional Social Network In Blockbuster .2 Billion All-Cash Deal