"To keep pace with advances in generative artificial intelligence technology, two big online learning companies are planning to merge in a deal valued at $2.5 billion. Coursera announced its plans to absorb Udemy in a news release Wednesday; both companies launched during the massive open online course provider boom of the early 2010s. Coursera, which offers a variety of courses, certifications and degrees, expects the all-stock merger to be finalized by the second half of 2026 and to generate more than $1.5 billion in annual revenue."
"Combining the two companies is also estimated to save $115 million in operating costs over the next two years and allow for sustained investment in "AI-driven platform innovation, rapid product development, and durable growth initiatives," according to Coursera's statement. Since Open AI launched ChatGPT three years ago, nearly every industry has moved to incorporate generative AI into its operations, and higher education is no exception."
Coursera plans to absorb Udemy in an all-stock merger valued at $2.5 billion, expected to close by the second half of 2026 and to generate more than $1.5 billion in annual revenue. The combination is projected to save $115 million in operating costs over two years and to support continued investment in AI-driven platform innovation, rapid product development, and growth initiatives. Widespread adoption of generative AI since ChatGPT's launch has increased demand for AI-ready skills among students, faculty, employers, and institutions. Coursera's leadership says the merged company will help learners, instructors, enterprises, universities, and governments adapt to changing workforce skill requirements.
Read at Inside Higher Ed | Higher Education News, Events and Jobs
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