Announced first by TechCrunch just moments ago, professional social network, LinkedIn, has just announced its acquisition of presentation/document-sharing powerhouse SlideShare for $119 million. This deal is something that will certainly benefit the professional community on LinkedIn–161 million members strong–in their attempt to build their social graph on the site. Sure, you could already add the SlideShare application to your profile, but now with SlideShare part of the LinkedIn family, members could theoretically go ahead and not only add their presentations to their profile, thereby making it more portfolio-like, but also implementing it on company pages, groups, etc.
In their press release, LinkedIn CEO Jeff Weiner said the following:
Presentations are one of the main ways in which professionals capture and share their experiences and knowledge, which in turn helps shape their professional identity. These presentations also enable professionals to discover new connections and gain the insights they need to become more productive and successful in their careers, aligning perfectly with LinkedIn’s mission and helping us deliver even more value for our members. We’re very excited to welcome the SlideShare team to LinkedIn.