Accenture (NYSE: ACN) is to acquire Udacity, a Mountain View, CA-based digital education company with expertise in the development and delivery of proprietary technology courses that blend the flexibility of online learning with the benefits of human instruction.
Completion of the acquisition is subject to customary closing conditions, including required antitrust clearances. The terms of the deal were not disclosed.
The acquisition will bring to Accenture Udacity’s capabilities in integrating proprietary content, expert services and scalable learning technology while bridging the gap between online education and workplace relevance.
Udacity’s team of more than 230 professionals will join Accenture LearnVantage, which provides Accenture’s clients with comprehensive technology learning and training services that will help them reskill and upskill their people in technology, data and AI to reinvent their organizations and achieve greater business value.
Founded in 2011 and led by Kai Roemmelt, CEO, Udacity is a talent transformation platform bringing customer value creation through career development in AI and tech. Through its network of more than 1,400 experts and a library of exclusive content co-created with industry leaders, Udacity has served more than 21 million registered learners in 195 countries, providing localized course offerings in multiple languages, including English, Arabic, Korean and Spanish.