On Wednesday, Coursera and Udemy announced a landmark merger agreement valued at approximately $2.5 billion. This deal brings together two of the biggest names in online learning. Coursera will acquire Udemy in an all-stock transaction, marking a pivotal moment in online education.
The companies stated the merger will be finalized in the second half of next year, pending regulatory review and shareholder approval. This agreement comes at a challenging time for both Udemy and Coursera, as each faces market headwinds. Despite both companies posting revenue growth in the third quarter of 2025, their share prices declined, underscoring investors’ lack of confidence in the platforms.
As a combined company, Udemy and Coursera aim to reassure shareholders, suggesting that their combined strengths could deliver both immediate returns and long-term growth potential. Udemy CEO Hugo Sarrazin said in a statement that the combination will create meaningful benefits for learners, enterprise customers, and instructors, while delivering significant value to shareholders who will participate in the upside potential of the combined company.
Additionally, as the online learning market expands with the adoption of AI, Sarrazin said the merger will accelerate plans to introduce AI-powered products. Coursera recently announced an integration with OpenAI’s ChatGPT app ecosystem and a content partnership with Anthropic. This announcement also comes just two days after Udemy rolled out its new AI-powered microlearning experience, which aims to give students shorter, personalized lessons that fit their busy schedules.
The companies also believe the merger will better position them to address how AI is transforming the workplace, as AI literacy becomes a requirement for many employees. Job postings requiring AI skills have surged in the past few years. According to one survey, one in three hiring managers would not consider candidates without AI skills.
Coursera CEO Greg Hart added that we are at a pivotal moment in which AI is rapidly redefining the skills required for every job across every industry. He stated that organizations and individuals around the world need a platform that is as agile as the new and emerging skills learners must master.