Coursera has agreed to acquire Udemy in a stock-for-stock transaction that will combine two large online learning platforms with consumer and enterprise businesses.
Under the terms of the deal, each Udemy share will be exchanged for 0.800 Coursera shares. Following the transaction, Coursera shareholders will own approximately 59% of the combined company, while Udemy shareholders will own about 41%. The merged company will continue operating as Coursera, Inc., headquartered in Mountain View, California. Greg Hart will remain CEO, and Coursera’s…

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