Skillsoft Acquires Codecademy
December 22, 2021
Skillsoft acquired Codecademy in a transaction valued at approximately $525 million in cash and stock, combining Codecademy's interactive coding platform and roughly 40 million registered learners with Skillsoft’s enterprise learning business. The deal expands Skillsoft’s Technology & Developer capabilities, creates cross‑selling opportunities across Skillsoft’s large corporate customer base, and is expected to be immediately accretive to bookings, revenue growth, and gross margins.
- Buyers
- Skillsoft
- Targets
- Codecademy
- Sellers
- Codecademy shareholders
- Industry
- Education
- Location
- New York, United States
- Transaction Type
- Buyout
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