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Udemy Acquires Corpu To Expand Immersive Leadership Development Capabilities

Aug 30, 2021•over 4 years ago

Acquiring Company

Udemy

Acquired Company

CorpU

San FranciscoE LearningSoftwareEducationDesignData And AnalyticsHealth CareInformation TechnologySoftwareEducation

Description

Udemy, a leading destination for learning and teaching online, today announced it has acquired CorpU, an online leadership development platform that delivers cohort-based immersive learning experiences and access to world-class experts. The acquisition deepens Udemy’s learning offerings with CorpU’s immersive experiences to deliver transformational learning that fosters innovation, leadership, and business agility.

Company Information

Company

Udemy

Location

San Francisco, California, United States

About

Udemy (Nasdaq: UDMY) is an AI-driven skills development platform transforming how companies and individuals across the world build the capabilities needed to thrive in a rapidly evolving workplace. By combining on-demand, multi-language content with real-time innovation, Udemy delivers personalized experiences that empower organizations to scale workforce development and help individuals build the technical, business, and soft skills most relevant to their careers. Today, thousands of companies, including Ericsson, Glassdoor, On24, The World Bank, and Volkswagen, rely on Udemy Business for its enterprise solutions to build agile, future-ready teams. Udemy is headquartered in San Francisco, with hubs across the United States, Australia, India, Ireland, Mexico and Türkiye.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed