TechCrunch studies that Slideshare has been bought by Scribd, who will take over operation on September 24.
Slideshare and Scribd each began as doc sharing companies, however Scribd finally diverged to book and audiobook internet hosting.
“The two products always had kind of similar missions,” stated Scribd CEO Trip Adler. “The difference was, [SlideShare] focused on more on PowerPoint presentations and business users, while we focused more on PDFs and Word docs and long-form written content, more on the general consumer.”
Along the best way, SlideShare was acquired by LinkedIn in 2012, and LinkedIn itself was acquired by Microsoft in 2016, which clarify why at present it’s Microsoft who’s promoting Slideshare.
It is pretty frequent to come back throughout a doc shared on Slideshare when utilizing the web, however nothing concerning the web site gave a clue that it had any reference to Microsoft.
LinkedIn Vice President of Engineering Chris Pruett, nonetheless, argues that the corporate did quite a bit to carry Slideshare and LinkedIn nearer collectively, saying:
LinkedIn acquired SlideShare in May 2012 at a time when it was turning into clear that professionals had been utilizing LinkedIn for greater than making skilled connections. Over the final eight years, the SlideShare workforce, product, and neighborhood has helped form the content material expertise on LinkedIn. We’ve integrated the power to add, share, and talk about paperwork on LinkedIn.
It seems it was Microsoft who approached Scribd with the provide and it seems all of Slideshare’s worker’s will likely be made redundant following the deal, with Scribd employees taking up all operations.
The value of the deal is undisclosed.
