Accenture, a global professional services company, has agreed to acquire Udacity, a digital education pioneer that offers proprietary technology courses online. The terms of the deal were not disclosed.
Udacity’s team of more than 230 professionals will join Accenture LearnVantage, a new service that helps Accenture’s clients reskill and upskill their people in technology, data and AI. Accenture LearnVantage will leverage Udacity’s expertise in delivering practitioner-level technical skills through its scalable learning technology and proprietary content.
Udacity, founded in 2011, has transformed from a consumer-focused company to a talent transformation platform that helps customers develop their careers in AI and tech. Udacity has served more than 21 million learners in 195 countries, offering courses in multiple languages and co-created with industry leaders. Udacity stands out in the market with its high-quality content and ‘human in the loop’ learning approach.
“The rise of generative AI represents one of the most transformative changes in how work gets done and is driving a growing need for enterprises to train and upskill people in cloud, data and AI as they build their digital core and reinvent their enterprises,” said Kishore Durg, global lead of Accenture LearnVantage. “The addition of Udacity to Accenture LearnVantage will enable us to bring Accenture’s deep capabilities as a world-class learning organization to clients at scale, helping them build the skills of their people to achieve greater business value.”
“As we join forces with Accenture, we are thrilled to embark on this next chapter of our journey. Together, we are dedicated to delivering impactful and cutting-edge tech education that enables individuals and organizations to unlock their potential,” said Kai Roemmelt, CEO of Udacity. “This combined with Accenture’s world-class expertise and global footprint will allow us to reach even more learners and amplify our impact, empowering millions to thrive in the digital economy.”
Completion of the acquisition is subject to customary closing conditions, including required antitrust clearances.
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