LinkedIn Buys Bright.com For $120 Million

LinkedIn announced its biggest acquisition deal to date. The company announced that it has acquired the jobs matching service, Bright.com for $120 million.

This is the biggest-ever acquisition LinkedIn has made so far.The deal is 73% stock and 27% cash,according to LinkedIn and the deal will be completed in the first quarter of 2014.Moreover, the company said that several members of Bright’s team will be coming over with the acquisition.However, it did not say anything about CEO Steve Goodman.

Along with the job matching company, LinkedIn also acquired a premium .COM domain name

According to whois records, the domain name was first registered in 1994 by a man who used it for a business named B-Right Trucking.Over the years, the domain name changed hands at least three times.

Congratulations to both the seller and the buyer for the deal.