Announced
Financials
Tags
Pending
Private
Education Services
Domestic
United States
online courses
Friendly
Acquisition
Majority
Single Bidder
Synopsis
2U, an education technology company, agreed to acquire edX, an American massive open online course provider, from Harvard and MIT for $800m. "We are excited about the significant opportunities this transaction provides to create value for shareholders and all of our stakeholders by further solidifying 2U's position as the leading digital transformation partner to great nonprofit universities and extending our reach and ability to deliver high-quality online education offerings that meet the growing global demand from learners and corporations," Paul Lalljie, 2U CFO.
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