Coursera Acquires Udemy For $930 Million

Coursera announced on Wednesday that it will acquire rival online learning platform Udemy in an all-stock deal that values the combined company at $2.5 billion, a move that brings together two of the largest U.S.-based players in an industry that has struggled since pandemic-era enrollment highs faded. Under the terms of the agreement, Udemy shareholders will receive 0.8 shares of Coursera for each share they hold, valuing Udemy at roughly $930 million. Based on Coursera’s…