Blackstone-backed Simplilearn completed the acquisition of Fullstack Academy.

Blackstone-backed Simplilearn, an online Bootcamp for digital economy skills training, completed the acquisition of Fullstack Academy, a provider of tech education in the United States. Financial terms were not disclosed. "Bootcamps have been an extremely popular concept in the edtech industry, and there is no denying that learners are looking for the holistic learning experience that bootcamps offer. Through Fullstack Academy's wide-spread footprint in the US and its strong partnerships with top universities, we are confident that this collaboration will enable us to accelerate our global expansion plans. It is amazing to find a business whose vision is similar to ours and complements our pedagogy and belief system. We are certain we will be able to leverage each other's capabilities synergisitically to build a strong company," Krishna Kumar, Simplilearn Founder and CEO.