Udemy - eriinfo

Coursera to buy Udemy, in which Prosus is an investor

eriinfo.com3 weeks ago04 mins

Online education platform Coursera will acquire rival Udemy in an all-stock deal, valuing the combined company at US$2.5-billion, as the industry consolidates after a post-pandemic slowdown and heightened investor scrutiny. Udemy shareholders will receive 0.8 shares of Coursera for each held, valuing the company at about $930-million. Coursera shares were up about 4%, while Udemy…

Coursera, Udemy ink $2.5bn merger deal

eriinfo.com3 weeks ago06 mins

Edtech giants Coursera and Udemy will merge in a major deal. Edtech firms, Coursera and Udemy have entered into a definitive merger agreement under which Coursera will combine with Udemy in an all-stock transaction. According to a statement, based on the closing prices of Coursera and Udemy common stock on December 16, the implied equity…