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Coursera and Udemy Shareholders Approve Merger With 99% of Votes

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By Dhawal Shah
| classcentral.com
On April 9, shareholders of both Coursera and Udemy voted to approve the merger. The votes weren’t close. At Coursera, 99.4% of votes were in favor of issuing new shares to complete the acquisition. At Udemy, 99.9% voted to adopt the merger agreement. Out of more than 228 million shares that voted across both companies, fewer than 500,000 voted against.
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The Coursera-Udemy Merger: Two Years in the Making, Third Time Lucky

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By Dhawal Shah
| classcentral.com
Both Coursera and Udemy started 2025 with new CEOs. Greg Hart took over at Coursera in February. Hugo Sarrazin started at Udemy in March. Less than a month into the job, both CEOs were in conversations to sell their companies. On April 8, Hart and Sarrazin met for the first time at ASU+GSV. The rest, as they say, is history. In my 5,000-word analysis of Coursera’s acquisition of Udemy, I called the deal rushed. Two new CEOs, both less than a year into the job, merging two public companies.
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The Series Finale of Online Education: Coursera Acquires Udemy — Class Central

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By Dhawal Shah
| classcentral.com
Disclosure: Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission. Analysis $7.2 billion in combined revenue since 2020. $8 billion in lost market value. This merger marks the end of an era in online education. On December 17, 2025, Coursera and Udemy announced a “merger.” Management framed it as an opportunity driven by AI. I think it’s desperation. It certainly feels rushed.
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