Edtech startup Skill-Lync acquired online learning platform Crio for an undisclosed amount. According to the startup, the acquisition will allow Skill-Lync to expand its offerings in the online education space.
Crio is a platform for hands-on learning in the field of technology. Working on real-world projects allows students and professionals to gain practical skills. Following the acquisition, the founders will continue to focus on and run Crio’s business, while also expanding its market leadership. Following the acquisition, Crio will operate as an independent company within the Skill-Lync Group. In the next two to three years, both startups hope to employ more than 25000 students.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.