Coursera and Udemy have completed their merger to create a $2.5 billion AI skills giant

Coursera completes partnership with Udemy as demand for AI training reshapes education and workforce development

The combined company now reaches more than 290 million students, 18,000 enterprise customers, 95,000 content creators and hundreds of university and industry partners, according to Coursera.

The platform offers more than 315,000 courses on Coursera and Udemy while working to bring a more unified learning experience.

Coursera said the integration is designed to connect skill discovery, skill development and proven expertise at a time when AI is transforming jobs across industries.

The company said it plans to use learning data from its broad user base and workforce insights from enterprise customers to build personalized and scalable skills products.

The deal was first announced in December as an all-stock transaction, valuing the combined company at about $2.5 billion. Under the deal, Udemy shareholders will receive 0.8 Coursera shares for each Udemy share, with former Coursera shareholders owning about 59% of the company and former Udemy shareholders owning about 41%.

Coursera will continue to trade on the New York Stock Exchange under the ticker COUR, while Udemy's common stock is being delisted from Nasdaq.

The combined company expects to generate more than $1.5 billion in revenue by 2025 and generate $115 million in annual run-rate cost savings within 24 months, with most of the savings expected in the first year.

For students, Coursera said there are no immediate changes to access, subscriptions, pricing, courses or certifications available. Content partners and instructors also won't see any immediate changes to existing agreements, contracts, economics, or support structures, and both Coursera.org and Udemy.com will continue to operate separately on Day 1.

The merger gives Coursera a broader base as online education companies face slower post-pandemic growth and pressure to ensure AI training can translate into sustainable enterprise demand.