LinkedIn Looking to Buy Pulse?

Mar 14, 2013


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LinkedIn has been the focus of lots of attention lately. Rumors that the social networking site is looking to buy Pulse, probably for its free reader, have been swirling. CMSWire reports that the purchase price is somewhere between $50 and $100 million. Pulse recommends reading based on your interests, its most well-known competitor being the popular Flipboard app.

It's more than just the media taking notice of LinkedIn. Wall Street is taking notice as well. Goldman Sachs not only continues to maintain a "Buy" rating, but has raised the target price to $220, according to StreetInsider.

(linkedin.com)