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December 22 , 2021 skillsoft Skillsoft to Acquire Codecademy , a Leading Platform for Learning High Demand Technical Skills , Creating a Worldwide Community of More Than 85 Million Learners Codecademy's entrepreneurial team , led by founder Zach Sims , to join Skillsoft with focus on accelerating growth in Technology & Developer Business Transaction expected to be immediately and significantly accretive to revenue and bookings growth with substantial cross - selling opportunities Conference call and webcast today at 8:30 a.m. ET BOSTON -- ( BUSINESS WIRE ) -- Skillsoft ( NYSE : SKIL ) , a global leader in corporate digital learning , today announced it has entered into a definitive agreement to acquire Codecademy , a leading online learning platform for technical skills , for approximately $ 525 million in cash and stock . Codecademy is an innovative and popular learning platform providing high - demand technical skills to approximately 40 million registered learners in nearly every country worldwide . The platform offers interactive , self - paced courses and hands - on learning in 14 programming languages across multiple domains such as application development , data science , cloud and cybersecurity . In addition , the Codecademy platform can rapidly expand to deliver new skills at scale , making it highly adaptable to the evolving technical needs of learners and their employers . Codecademy , which was founded in 2011 and is headquartered in New York , is led by a proven entrepreneurial team that has built one of the most admired technical skills learning platforms in the industry . " Codecademy will significantly expand Skillsoft's capabilities in the high - growth Tech & Dev segment , " said Jeffrey R. Tarr , Chief Executive Officer of Skillsoft . " Strategic acquisitions are an important part of our growth strategy . We acquired virtual instructor - led training capabilities with Global Knowledge and coaching with Pluma earlier this year . With the addition of Codecademy's innovative capabilities , we will create an even more immersive online learning experience . When we combine Skillsoft's enterprise customer base of more than 12,000 corporate customers and over 46 million learners with Codecademy's 40 million learners , sophisticated digital marketing capability and influential brand , we expect to unlock significant revenue synergies . " Following the close of the transaction , the Codecademy team will join Skillsoft to help further build out the leading technical skills training solution for learners globally .