Skillsoft appoints board director Ronald Hovsepian as Executive Chair and principal executive officer. CEO Jeffrey R. Tarr retires effective April 16, 2024, and remains in an advisory role to facilitate the transition.
Skillsoft agrees to acquire Codecademy in a deal valued at approximately $525 million, combining Skillsoft’s corporate learning platform with Codecademy’s interactive coding education. The transaction brings together the two offerings for technical skills, with one centered on corporate learning and the other on coding instruction.
Skillsoft Corp. agrees to acquire Codecademy in a $525 million deal announced on December 22. The transaction combines Skillsoft’s corporate learning platform with Codecademy’s interactive coding education; Codecademy is described as a technical skills specialist.
Skillsoft agrees to buy Codecademy, an online learning platform for technical skills, for about $525 million in cash and stock. Skillsoft expects the deal to be significantly accretive and says it is expected to close in the first half of 2022.
