Skillsoft (SKIL) to Acquire Codecademy for $525M in Cash and Stock

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Go back to Skillsoft (SKIL) to Acquire Codecademy for $525M in Cash and Stock

Skillsoft to Acquire Codecademy, a Leading Platform for Learning High-Demand Technical Skills, Creating a Worldwide Community of More Than 85 Million Learners

December 22, 2021 8:10 AM EST

Codecademys entrepreneurial team, led by founder Zach Sims, to join Skillsoft with focus on accelerating growth in Technology & Developer Business

Transaction expected to be immediately and significantly accretive to revenue and bookings growth with substantial cross-selling opportunities

Conference call and webcast today at 8:30 a.m. ET

BOSTON--(BUSINESS WIRE)-- Skillsoft (NYSE: SKIL), a global leader in corporate digital learning, today announced it has entered into a definitive agreement to acquire Codecademy, a leading online learning platform for technical skills, for... More