Scribd acquires SlideShare from LinkedIn

Scribd acquires presentation-sharing service SlideShare from LinkedIn.

So, Here is the Latest Technology News where, Scribd to acquire Slideshare from LinkedIn.

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SlideShare has a new owner, with LinkedIn selling the presentation-sharing service to Scribd for an undisclosed price.

When will Scribd own Slidershare?

According to LinkedIn,  Scribd  will take over operation of the SlideShare business on September 24.

When Slideshare and Scribd Launchd:-

Scribd CEO Trip Adler argued that the two companies have very similar roots, both launching in 2006/2007. Both of them focused on content- and document-sharing.

“The two products always had kind of similar missions,” Adler said. “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.”

LinkedIn acquired Slideshare:-

Over time, the companies diverged even further, with SlideShare acquired by LinkedIn in 2012, and LinkedIn itself acquired by Microsoft in 2016.

Scribd, meanwhile, launched a Netflix-style subscription service for e-books and audiobooks, but Adler said that both the “user-generated side” and the “premium side” remain important to the business.

“We get people who come in looking for documents, then sign up for our premium content,” he said. “But they do continue to read documents, too.”

So when Microsoft  and LinkedIn approached Scribd about acquiring SlideShare, Adler saw an opportunity to expand the document side of the product dramatically, incorporating SlideShare’s content library of 40 million presentations and its audience of 100 million unique monthly visitors.

“Nothing will change in the initial months,” Adler said. “We have a lot of experience with a product like this, both the technology stack and with users uploading content. We’re in a good position make SlideShare really successful.”

Meanwhile, a statement from LinkedIn Vice President of Engineering Chris Pruett highlighted the work that the company has done on SlideShare since the acquisition. However, The terms of the deal were not disclosed.

About Scribd:-

Scribd’s premium subscription service offers over 1,000,000 professionally published ebooks, audiobooks, podcasts, sheet music, and magazines, alongside over 100 million documents uploaded from our community. These documents include information and educational resources like study guides, business templates, academic papers, public court filings, and more. Now, with the acquisition of SlideShare, we’re excited to add over 40 million presentations to the Scribd reading ecosystem.  Scribd, for its part, has more than 100 million community-uploaded documents on its platform, while its premium subscription service offers more than 1 million professionally published ebooks, audiobooks, podcasts, sheet music and magazines.

Scribd CEO Statement after acquisition Announcement :-

“Our acquisition of SlideShare is a major step towards creating the world’s largest digital library,” Scribd CEO and co-founder Trip Adler said in a statement. “Scribd has accumulated a unique collection of user-generated and professional content that we make available to our readers via personalized recommendations, and the addition of presentations from the SlideShare community advances our vision. It allows us to continue diversifying our offering while driving even more readers to the books, audiobooks, magazines, and other professionally published works in our digital library.”

The deal, Adler said, is fundamentally about tapping into SlideShare’s “content and audience,” though he said there may be aspects of the service’s technology that Scribd could incorporate as well. Scribd isn’t taking on any new employees as part of the deal; instead, its existing team is taking responsibility for SlideShare’s operation.

He added that SlideShare will continue to operate as a standalone service, separate from Scribd, and that he’s hopeful it will continue to be well-integrated with LinkedIn.

Note: LinkedIn acquired SlideShare in May 2012 at a time when it was becoming clear that professionals were using LinkedIn for more than making professional connections. Over the last eight years, the SlideShare team, product, and community has helped shape the content experience on LinkedIn. We’ve incorporated the ability to upload, share, and discuss documents on LinkedIn.

The Email Users are getting From LinkedIn:-
Hi User,
Thank you for being a LinkedIn and SlideShare member. We’re excited to announce that SlideShare is joining Scribd.
Like SlideShare, Scribd offers an endless supply of content gems to feed your curiosity and advance your career. We look forward to SlideShare and Scribd coming together as the destination for some of the world’s favorite content.
Scribd will begin operating the SlideShare business on September 24, 2020. Your presentations and activity will remain on and on the SlideShare mobile app, so there is no action needed from you to keep your content online. As of that date, Scribd will manage your SlideShare account and any content you may have on SlideShare, and Scribd’s General Terms of Use and Privacy Policy will apply. If you wish to opt out, please close your SlideShare account.
Since the LinkedIn and SlideShare experiences were brought together in May 2012, we’ve seen millions of people, with similar interests, sharing what they know through engaging presentations, documents, and infographics. SlideShare has been a buzzing community of professionals going deep on subjects and helping each other to learn.
After 8 years and millions of memorable presentations, we’re grateful for the journey and excited for this next chapter for SlideShare as part of the Scribd family.
If you have questions, please see our FAQ for more information and access to our Support team.
The LinkedIn Team

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