Udemy, Coursera to Merge in $2.5B Deal
Kathryn Palmer
December 18, 2025
To keep pace with advances in generative artificial intelligence technology, two big online learning companies are planning to merge in a deal valued at $2.5 billion.
Coursera announced its plans to absorb Udemy in a news release Wednesday; both companies launched during the massive open online course provider boom of the early 2010s. Coursera, which offers a variety of courses, certifications and degrees, expects the all-stock merger to be finalized by the second half of 2026 and to generate more than $1.5 billion in annual revenue.
Combining the two companies is also estimated to save $115 million in operating costs over the next two years and allow for sustained investment in “AI-driven platform innovation, rapid product development, and durable growth initiatives,” according to Coursera’s statement.
