LinkedIn has signed an agreement to acquire Glint, Daniel Shapero, vice president of talent solutions, careers and learning at LinkedIn, announced in a blog post. Glint, an employee engagement juggernaut, helps boost employee satisfaction and performance. Both companies share the same goals — helping workers become more successful and building winning teams.
Jim Barnett, chief executive officer, co-founder and chairman of Glint said he is excited and optimistic about partnering with LinkedIn.
“Together, we will be taking a major step toward achieving our vision to create a world where people love their jobs,” Barnett wrote in a blog post. “We couldn’t be more thrilled with the partner we’ve decided to continue this journey with.”
The acquisition of Glint complements LinkedIn’s strategy of acquiring the tools necessary to help rapidly execute long-term strategies, Shapero wrote in his blog.
Glint takes pride in people’s success, while LinkedIn focuses on the wide-ranging workforce. The two companies make an effective combination whose goal is to help talent leaders attract, develop and retain the best employees, Shapero continued.
He is thrilled to speed up the growth of Glint, as it is a company that has seen strong business momentum. He is also excited about the possibilities that can come from this deal.
“With Glint’s internal view of the health and performance of the people an organization has, and our lens into the external workforce, we will be able to provide powerful insight on the entire employee lifecycle, from pre-hire through retention,” Shapero said.
LinkedIn is not disclosing the terms of the deal at this time. However, the deal is expected to close during the second fiscal quarter of 2019, according to Venture Beat.