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LinkedIn Learning

From Wikipedia, the free encyclopedia
(Redirected fromLynda.com)
Online education company
LinkedIn Learning
FormerlyLynda.com (1995-2017)
Company typeSubsidiary
IndustryE-learning
Founded1995; 30 years ago (1995)
Founders
Headquarters
Services
ParentLinkedIn (2015-present)
Websitewww.linkedin.com/learning/
Footnotes / references
[1]

LinkedIn Learning is an American globalmassive open online course provider. It provides video courses taught by industry experts in software, creative, and business skills. It is a subsidiary ofLinkedIn. All the courses on LinkedIn fall into four categories: Business, Creative, Technology, and Certifications.

It was founded in 1995 byLynda Weinman asLynda.com before being acquired by LinkedIn in 2015 and becoming LinkedIn Learning.[2]Microsoft acquired LinkedIn in December 2016.[3]

History

[edit]

LinkedIn Learning was founded as Lynda.com in 1995 inOjai,California, as online support for the books and classes ofLynda Weinman, a special effects animator and multimedia professor who founded a digital arts school with her husband, artist Bruce Heavin.[4]

In 2002, the company began offering courses online.[5] By 2004, there were 100 courses, and in 2008, the company began producing and publishing documentaries on creative leaders, artists, and entrepreneurs.[6]

In 2013, Lynda.com received its first outside investment, raising $103 million (~$136 million in 2024) in growthequity fromAccel Partners and Spectrum Equity, with additional contributions fromMeritech Capital Partners.[7] On January 14, 2015, Lynda.com announced it had raised $186 million (~$240 million in 2024) in financing, led by investment groupTPG Capital.[8]

On April 9, 2015,LinkedIn announced its intention to buy Lynda.com in a deal valued at $1.5 billion, which officially closed on May 14, 2015.[9]

In 2016, Lynda.com began to broadcast courses on theirApple TV application.[10]

On June 13, 2016,Microsoft announced that it would acquire Lynda.com's parent company LinkedIn for $26.2 billion (~$33.5 billion in 2024). The acquisition was completed on December 8, 2016.[11][12][13]

In October 2017, Lynda.com was merged and renamedLinkedIn Learning.[14] In 2019, the site announced that users accessing LinkedIn Learning through theirpublic library would be required to create a LinkedIn profile in order to use the service; the decision faced criticism fromlibrarians and theAmerican Library Association.[15][16][17] As of March 2021, libraries started migrating to LinkedIn Learning without requiring patrons to create a LinkedIn profile.[18]

On June 2, 2021, the lynda.com site was shut down and is now permanently redirected to LinkedIn Learning.[19]

Acquisitions

[edit]

In February 2013, Lynda.com acquired video2brain, anAustrian-based provider of online classes in web design and programming, available in German, French, Spanish, and English.[20]

On April 7, 2014, Lynda.com purchased Canadian start-up Compilr, provider of an online editor and sandbox.[21]

See also

[edit]

References

[edit]
  1. ^"Lynda.com Lands $103 Million in Biggest Education Financing".Bloomberg. 2013-01-16. Retrieved2014-02-22.
  2. ^Larson, Selena (2013-12-03)."Lynda.com Founder: I Was Educating Online Before Online Education Was Cool".ReadWrite. Retrieved2019-02-06.
  3. ^"LinkedIn CEO: Here's Why I Sold the Company to Microsoft".Time.
  4. ^Roush, Wade (2013-03-28)."Knowledge When You Need It: Lynda.com and the Rise of Online Education".Xconomy.
  5. ^Singel, Ryan (2011-06-17)."A Paywall That Pays Off: How Lynda.com Broke All the Rules and Won".Wired.ISSN 1059-1028. Retrieved2019-02-06.
  6. ^Meyer, Stephen J. (2015-05-12)."LinkedIn's Blockbuster Deal With Lynda.com: What It Means To The Online Learning Industry".Forbes. Retrieved2018-01-20.
  7. ^Empson, Rip (2013-01-15)."After 17 Years, Education Platform Lynda.com Raises Its First Round of Funding, $103M From Accel & Spectrum". TechCrunch.
  8. ^Singer, Natasha (2015-01-14)."Investors Put $186 Million Into Lynda.com, an Online Tutorial Service".Bits Blog. Retrieved2019-02-06.
  9. ^Roslansky, Ryan (2015-04-09)."Welcome to the LinkedIn Family, lynda.com".blog.linkedin.com. Retrieved2017-11-01.
  10. ^Yeung, Ken (2016-04-21)."LinkedIn makes all Lynda.com courses available on Apple TV".VentureBeat. Retrieved2018-01-20.
  11. ^"Microsoft to acquire LinkedIn | News Center" (Press release). Microsoft. June 13, 2016. Retrieved2016-06-13.Microsoft Corp. and LinkedIn Corporation on Monday announced they have entered into a definitive agreement under which Microsoft willacquire LinkedIn for $16 pershare in an all-cashtransaction valued at $26.2 billion, inclusive of LinkedIn's net cash.
  12. ^Greene, Jay (2016-06-14)."Microsoft to Acquire LinkedIn for $26.2 Billion".Wall Street Journal.ISSN 0099-9660. Retrieved2019-02-06.
  13. ^Weiner, Jeff (2016-12-08)."LinkedIn + Microsoft: Our Next Play Begins". LinkedIn.
  14. ^"Upgrading from Lynda.com to LinkedIn Learning".Lynda.com - from LinkedIn. 2017-10-20. Archived fromthe original on 2020-09-21. Retrieved2018-10-22.
  15. ^Foley, Mary Jo (August 22, 2019)."Microsoft is moving Lynda.com users to LinkedIn Learning and not everyone's happy about it".ZDNet. Retrieved2019-08-26.
  16. ^Cimpanu, Catalin (July 23, 2019)."American Library Association blasts LinkedIn for intrusive ToS changes".ZDNet. Retrieved2019-10-28.
  17. ^Elias, Jennifer (28 August 2019)."Why librarians are up in arms against LinkedIn".CNBC. Retrieved2019-10-28.
  18. ^"LinkedIn Learning for Library – Patron FAQ".Learning Help. Retrieved2021-03-26.
  19. ^Shah, Dhawal (2021-07-12)."LinkedIn Sunsets Lynda.com and Fully Transitions to LinkedIn Learning".The Report by Class Central. Retrieved2022-12-27.
  20. ^Heussner, Ki Mae (2013-02-13)."Flush with cash, lynda.com buys European online learning site video2brain".Gigaom. Archived fromthe original on 2019-04-10. Retrieved2019-02-06.
  21. ^Lunden, Ingrid (2014-04-07)."E-Learning Platform Buys Compilr To Add In-Browser Coding Tools, Price Around $20M". TechCrunch.

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