LinkedIn sells SlideShare to digital library Scribd for undisclosed sum

Microsoft-owned LinkedIn has announced to sell SlideShare, the hosting platform for presentations and other professional content to US-based e-book and audiobook subscription service Scribd for an undisclosed sum.

LinkedIn acquired SlideShare in 2012, and Microsoft bought LinkedIn in 2016.

“On September 24, Scribd will begin operating the Slideshare business, its 100 million users, along with its presentation upload and hosting tools, and tremendous archive of presentations and documents,” LinkedIn said in a statement on Tuesday.

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 its community.