Coursera and Udemy announced a definitive merger agreement in an all-stock transaction.
The combined company's pro forma annual revenue will exceed $1.5 billion.
Anticipated annual run-rate cost synergies of $115 million within 24 months.
Strategic Merger
Coursera and Udemy merging to create a leading technology platform for skills development.
Financial Impact
Pro Forma annual revenue to reach over $1.5 billion with cost synergies of $115 million.
Market Position
Enhanced global reach and market opportunities for the combined company.
- The merger will redefine skills discovery, development, and mastery globally.
- The combined company aims to address the evolving global talent transformation market.
- Greater value and impact expected for learners and enterprise customers.
The merger between Coursera and Udemy is set to revolutionize the e-learning industry, offering enhanced learning experiences and significant cost synergies. It highlights the importance of agility in adapting to new skills demanded by the AI era.