💰 Coursera Eats Udemy: One Step Closer to Online Edu Monopoly
In what is shaping up to be one of the biggest moves in the online learning world this year, Coursera — the education platform co-founded by Stanford professors and known for its university-aligned courses — announced on Wednesday that it will acquire Udemy, a large marketplace for instructor-led online courses, in an all-stock deal that values the combined entity at about $2.5 billion. The agreement, which will see Udemy become part of the Coursera family, signals a major consolidation in the edtech space amid a shift in demand and a renewed focus on training for artificial intelligence and workforce upskilling. The way the transaction is structured, Udemy shareholders will receive 0.8 shares of Coursera stock for each Udemy share they … Read more