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Announced

Byju's to acquire Tynker for $200m.

Financials

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Transaction Value£145m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Online and Social Platforms

Acquisition

Majority

United States

Friendly

Single Bidder

Pending

computing platform

Private

Synopsis

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Byju's, an Online education giant, agreed to acquire Tynker, a coding platform, for $200m. “Our goal is to ignite a love for programming in children globally and we feel strongly that Tynker's creative coding platform and approach to making programming fun and intuitive for kids will get us there even faster,” Byju Raveendran, Byju's CEO.

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