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To stay aligned with developments in generative artificial intelligence technology, two major online education firms are set to merge in a transaction worth $2.5 billion.
Coursera, an online education platform with 191 million registered users, announced on Wednesday its intention to acquire Udemy, a US-based edtech company. Both firms emerged amid the boom of online course providers in the early 2010s.
Coursera, which offers numerous courses, certifications, and degrees, expects that the merger will be completed by the second half of 2026 and will generate over $1.5 billion in annual revenue.
“Merging the two companies is projected to result in $115 million in cost savings over the next two years.” “Also, it will drive investment in “AI-based platform innovation, fastrack product development, and ensure positive growth,” read a statement from Coursera.
After the merger is finalised, Coursera shareholders are expected to hold approximately 59% while Udemy shareholders will hold about 41% of the newly formed entity. Also, the new entity will operate under the Coursera name and retain its base in Mountain View, California.
About Coursera
Coursera, established in 2012 by Andrew Ng and Daphne Koller, is an online education platform that had 191 million registered users as of September 2025.
It collaborates with over 375 universities and industry partners to offer courses, specialisations, professional certificates, and degrees.
Also, the platform offers courses on AI as well as several specialized courses and tailored learning. Several institutions use Coursera for workforce advancement in areas like generative AI, data science, cybersecurity, technology, and business.
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About Udemy
Udemy is an online course provider based in the US, established in 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar.
Also, the platform offers on-demand, multilingual courses to help businesses and individuals enhance their technical, business, and interpersonal skills.
Furthermore, it uses AI to deliver personalised learning experiences and supports workforce development in an evolving work environment. Greg Hart, currently the CEO of Coursera, will continue to lead the organisation as CEO following the merger.
Furthermore, the committee will comprise nine members. Six members from Coursera’s board, which includes chairman Andrew Ng and CEO Greg Hart, along with three members from Udemy’s board.
“We find ourselves at a crucial juncture where AI is swiftly transforming the skills needed for every position in all sectors,” stated Coursera CEO, Greg Hart.
The firm is located in San Francisco, California, with branches in the United States, Australia, India, Ireland, Mexico, and Turkey.
