Coursera to buy Udemy for $930 million amid online learning consolidation

Reuters
2025.12.17 12:46
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Coursera will acquire Udemy for $930 million in an all-stock deal, combining two major U.S. online learning platforms. The $6.35 per share offer is an 18.3% premium to Udemy's last close. This consolidation follows a post-pandemic slowdown in demand, with companies seeking scale and predictable revenue. Despite AI upskilling opportunities, investor skepticism persists, reflected in the sector's muted share prices. Udemy's shares have dropped 35% this year, while Coursera's have decreased by 7%.