Coursera and Udemy complete merger to create AI skills giant worth $2.5 billion

The all-stock deal combines university partnerships with user-generated content to dominate AI education as the edtech market approaches $400 billion.

Share

Add us on Google by Editorial Team May. 11, 2026

Coursera completed its combination with Udemy, creating one of the world’s largest online skills platforms as demand for AI training reshapes education and workforce development.

The combined company now reaches more than 290 million learners, 18,000 enterprise customers, 95,000 content creators, and hundreds of university and industry partners, according to Coursera.

The platform will offer more than 315,000 courses across Coursera and Udemy while working toward a more unified learning experience.  

Coursera said the merger is designed to connect skills discovery, skills development, and verified mastery at a time when AI is transforming jobs across industries.

The company said it plans to use learning data from its larger user base and workforce insights from enterprise customers to build more personalized and measurable skills products.  

The deal was originally announced in December as an all stock transaction valuing the combined company at about $2.5 billion. Under the agreement, Udemy shareholders received 0.8 Coursera shares for each Udemy share, while former Coursera stockholders own about 59% of the combined company and former Udemy stockholders own about 41%.  

Coursera will continue trading on the New York Stock Exchange under the ticker COUR, while Udemy’s common stock is being delisted from Nasdaq.

The combined company reported more than $1.5 billion in 2025 revenue and expects to generate $115 million in annual run rate cost synergies within 24 months, with most of those savings expected in the first year.  

For learners, Coursera said there are no immediate changes to access, subscriptions, pricing, courses, or earned certificates. Content partners and instructors will also see no immediate changes to existing agreements, contracts, economics, or support structures, and both Coursera.org and Udemy.com will continue operating separately on Day 1.  

The merger gives Coursera a broader base as online education companies face slower post pandemic growth and pressure to prove that AI training can translate into durable enterprise demand.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.