Chegg to acquire Thinkful for $80m.

Chegg, a Smarter Way to Student, has acquired Thinkful, an online learning platform that offers professional courses directly to students across America for $80m. 85% of Thinkful graduates get jobs in their field of study within six months of graduating their program. Thinkful offers high-quality, online, outcomes-focused curricula, coupled with live experts, to give learners highly sought-after technology skills such as engineering, data science, data analytics and product design. "With the anticipated addition of Thinkful to our platform, Chegg will continue to expand our offerings and make it easier for students to accelerate their path from learning to earning. Students are increasingly looking to improve their professional opportunities by learning the most relevant job skills, either while in school or soon after. Adding Thinkful courses to our suite of Chegg Learning Services will enable us to empower students to obtain in-demand, high-quality job skills, for the fastest-growing job categories, with affordable prices. Thinkful has achieved strong revenue growth of greater than 30% year-over-year because it has focused on going directly to students and helping them gain the most valuable skills for today's workforce." Dan Rosensweig, Chegg CEO.