Coursera announced on December 17, 2025, its agreement to acquire Udemy in an all-stock deal.
The transaction values the combined company at about $2.5 billion, based on closing stock prices from December 16, 2025.
Udemy stockholders will receive 0.800 shares of Coursera stock for each Udemy share, a 26 percent premium over recent averages.
Coursera stockholders will own about 59 percent of the new entity, with Udemy holders taking 41 percent.
Complementary Models Drive Online Learning Merger
Coursera, known for formal education, partners with more than 350 universities and companies to provide degrees, professional certificates, and structured courses.
Udemy operates as a marketplace where over 74,000 instructors create practical, on-demand content.
The online learning merger combines these strengths to offer a full range of digital education options, from quick skills to in-depth credentials.
The deal targets cost savings of $115 million annually within two years. Pro forma annual revenue for the combined firm exceeds $1.5 billion.
AI Training at Core of Ed-Tech Deal
Leaders from both firms stressed the ed-tech deal’s focus on AI training and workforce skills.
The merger aims to speed AI-powered features, such as personalized paths and generative tools, to help users build skills in AI, data science, and technology.
This responds to job changes driven by automation, positioning the company as a leader in professional upskilling.
Path to Completion and Outlook
Boards of both companies unanimously approved the deal. It awaits shareholder and regulatory nods.
The Coursera Udemy acquisition strengthens global reach and affordability in digital education.
Greg Brown will lead as CEO, with the firm trading as COUR on the NYSE. This workforce skills push could redefine access to AI training for millions.
