Wednesday, January 12, 2022

Skillsoft Pays $525 Million for SaaS Learning Platform Codecademy - IBL News

Skillsoft (NYSE: SKIL) announced the acquisition of the learning platform Codecademy for $525 million in cash and stock yesterday. Earlier this year, Skillsoft acquired Global Knowledge and Pluma. By adding Codecademy’s clients and 40 million learners, Boston-headquartered Skillsoft will host 46 million users and over 12,000 corporate customers, according to its data. The Codecademy team — mostly based in New York, where the company was founded in 2011 — will join Skillsoft.

https://iblnews.org/skillsoft-pays-525-million-for-saas-learning-platform-codeacademy/