Coursera and Udemy to Merge in $2.5B Deal
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Coursera and Udemy to merge in $2.5B deal. With Coursera's network of university and industry leaders and Udemy's network of subject-matter experts, the two online learning platforms will create one larger company focused on in-demand skills in fields like AI. Coursera and Udemy today announced an agreement to merge, combining two of the largest global online learning platforms into a single company. By combining Coursera's network of university and industry leaders with Udemy's network of subject-matter experts, the companies hope to create a unified platform for upskilling in the age of artificial intelligence. "We're at a pivotal moment in which AI is rapidly redefining the skills required for every job across every industry," Coursera CEO Greg Hart said in a public statement. "Organizations and individuals around the world need a platform that is as agile as the new and emerging skills learners must master." Coursera, founded in 2012 by computer scientists Andrew Ng and Daphne Koller, partners with more than 375 universities and industry organizations to offer courses, professional certificates and online degree programs, according to the news release. The company counts 191 million registered users and 2,000 enterprise, university and government customers worldwide. Udemy, launched in 2010, operates a different model: an open marketplace where independent...
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