279
/
2
Min Read
This all-stock deal is valued at approximately USD 2.5 billion.Post-merger, Udemy will become a wholly-owned subsidiary of Coursera, marking a significant shift in the edtech sector.
Deal Structure: Shareholding Split Finalised
Under this deal, existing Coursera shareholders will hold around 59% stake in the combined entity, while Udemy shareholders will own approximately 41%. The transaction is entirely stock-based with no cash component involved.
Chess Merger Sub: Entity Created Specifically for the Merger
According to CCI, Chess Merger Sub is a wholly-owned subsidiary of Coursera, created solely to execute this merger. This entity will merge with Udemy, after which Udemy will continue as the main operating entity.
Coursera’s Business: A Global Edtech Leader
US-based Coursera is a leading global edtech company offering online courses, degrees, and skill development programs. In India, it primarily operates through digital platforms and Coursera India Pvt Ltd, reaching millions of users.
Udemy’s Model: Fully Digital and Global
Udemy is a global online learning and teaching marketplace where users can access courses across various subjects. Its entire business is digital and does not rely on any offline infrastructure, enabling it to serve users worldwide.
Post-Merger Scenario: Udemy to Operate as Subsidiary
After the merger is completed, Udemy will continue to operate as a subsidiary under Coursera. This will enable both companies to combine their technology, content and user base to offer enhanced services.
Announcement Already Made: Deal Revealed in December 2025
Coursera and Udemy had already announced this merger in December 2025. Both companies entered into a definitive agreement to combine through an all-stock transaction with the total valuation estimated at around USD 2.5 billion.
Major Industry Impact: Increased Competition and Expansion
This merger highlights the rapid evolution of the edtech industry, where companies are joining forces to strengthen their platforms, user base and global reach. It is expected to intensify competition and provide users with better and more diverse learning options.
