Skillsoft completed the acquisition of Codecademy for $525m.

Skillsoft, a provider of corporate digital learning, completed the acquisition of Codecademy, a provider of online learning platform for technical skills, for $525m. “This is an exciting day for Skillsoft as we take another significant step to advance our growth strategy with the addition of one of the foremost learning platforms for Tech & Dev skills. We are delighted to welcome Codecademy’s founder and CEO Zach Sims to Skillsoft’s executive leadership team and our new Codecademy colleagues to Skillsoft. Our two strong teams together position us to fuel continuous growth for employees and their companies through learning experiences that are deeply absorbing and deliver exponential returns on time and effort while helping organizations address critical technical skills gaps," Jeffrey Tarr, Skillsoft CEO.