LinkedIn To Acquire mSpoke

LinkedIn, a social networking platform designed for business professionals, is set to acquire mSpoke, a start-up firm specialising in browsing through the content on web and making valuable recommendations, the San Francisco Chronicle has reported.

The seven year old social network has finalised its first-ever business takeover as the company celebrates having 75 million users worldwide.

"The addition of mSpoke's talented team of technologists make it an even more compelling opportunity for LinkedIn," stated Jeff Weiner, the chief executive officer of LinkedIn.

"MSpoke and LinkedIn's shared focus on generating relevant content make this acquisition a natural fit for us," he added.

"We're actively investing in solutions that help deliver valuable professional insights to LinkedIn members."

According to Weiner, the founders of Pennsylvania-based mSpoke, CEO Sean Ammirati, CTO Dean Thompson, chairman of the board Dave Mawhinney and board member Ed Engler will join the team at LinkedIn.

mSpoke is expected to boost LinkedIn's search features that help users to find jobs, review industry news and look-up company information.