Content-type: text/html Downes.ca ~ Stephen's Web ~ Skillsoft Strikes $525 Million Deal to Acquire Ed-Tech Rival Codecademy

Stephen Downes

Knowledge, Learning, Community

Skillsoft, which filed for bankruptcy protection last year, has somehow found $525 million to buy Codecademy. Prosus, the largest shareholder in Skillsoft, also owns Stack Overflow. Taking on that much debt in order to acquire competitors that offer free learning resources probably means the end of those free learning resources. I feel the walls beginning to close around them. (Note: this article was available to me without a paywall, but with AI paywalls these days, who knows what you'll get, but I'm hoping for the best).

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Stephen Downes Stephen Downes, Casselman, Canada
stephen@downes.ca

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Last Updated: Nov 27, 2024 09:06 a.m.

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