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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