Prosus-backed Skillsoft buys out online platform Codecademy for R8.3bn
The deal will cause the two companies to join forces to offer web-based education to nearly 90-million learners
23 December 2021 - 13:58
Prosus-backed Skillsoft, a corporate education specialist, has bought out online learning platform Codecademy for R8.3bn, putting another piece in place for the group’s plan to become one of the world’s largest education technology (edtech) players.
Prosus first invested in Codecademy in 2016 through its venture capital arm, and is the largest shareholder in Skillsoft. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.