US EditionCoursera to buy Udemy, creating $2.5 billion firm to target ...
The merger creates a $2.5 billion online education leader with over $1.5 billion revenue and plans for $115 million annual cost synergies and expanded AI training investments.
- On Wednesday, Coursera will acquire Udemy in an all-stock transaction valuing the combined business at approximately $2.5 billion, with Udemy shareholders receiving 0.800 Coursera shares per Udemy share and Udemy shares rising over 12%.
- The companies said the tie-up reflects complementary consumer and B2B offerings plus rising AI skills demand, with the merger expected to close in the second half of next year pending approval.
- Management expects significant cost synergies of up to $1500 million, with the combined company reporting over $1.5 billion in pro forma revenue and over $550 million in recent nine-month revenue.
- Executives said the deal will boost AI investment and enhance capacity for sustained AI-driven innovation, while Udemy CEO Hugo Sarrazin said it benefits learners, enterprise customers, instructors and shareholders.
- Companies acknowledge potential AI risks and novelty as filings warn AI could displace demand for online learning amid market headwinds and investor skepticism for Coursera and Udemy.
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Why Udemy Stock Surged Today
Key PointsCoursera is seeking to acquire Udemy in an all-stock deal.Coursera's bid comes at a significant premium to Udemy's recent trading prices.10 stocks we like better than Udemy › Shares of Udemy (NASDAQ: UDMY) leaped on Wednesday after the online learning marketplace struck a merger deal with rival Coursera (NYSE: COUR). As of 3:25 p.m. EST, Udemy's stock price was up more than 12% after rising as much as 33% earlier in the day.Where to in…
Coursera to acquire Udemy in $2.5 billion all-stock deal as online education consolidates - Tech Startups
Coursera said Wednesday it has agreed to acquire rival online learning platform Udemy in an all-stock transaction that values the combined company at approximately $2.5 billion, as the online education sector enters a new phase of consolidation following a post-pandemic […] The post Coursera to acquire Udemy in $2.5 billion all-stock deal as online education consolidates first appeared on Tech Startups.
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