With apologies to Bill Clinton ’s electoral guru James Carvell : it’s all about the content, stupid. That’s why Microsoft MSFT -0.22% has just made one of the boldest moves in its history by spending more than $26 billion on LinkedIn . In an age of hyper-connections, the acquisition – which values LinkedIn LNKD -0.18% at $196 a share – is a smart one. It needs to be after a series of high-profile failures, such as Microsoft’s doomed $6 billion acquisition of the Nokia mobile business . This new deal means Microsoft can embed LinkedIn with Skype, its email system and other Microsoft enterprise products so that, in the words of one Silicon Valley expert , it will be able ‘to recreate the connective tissue for enterprises.’ SAN FRANCISCO, CA – MARCH 30: Microsoft CEO Satya Nadella delivers the keynote address during the 2016 Microsoft Build Developer Conference on March 30, 2016 in San Francisco, Californi...
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