Skillsoft Acquires Codecademy
December 22, 2021
Skillsoft entered into a definitive agreement to acquire Codecademy, a leading online learning platform for technical skills, for approximately $525 million (about 40% cash and 60% equity). The acquisition is expected to expand Skillsoft’s Technology & Developer capabilities and create cross-selling opportunities across enterprise customers and Codecademy’s large learner base.
- Buyers
- Skillsoft
- Targets
- Codecademy
- Industry
- Cloud & SaaS
- Location
- New York, United States
- Transaction Type
- Buyout
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