Coursera announced it will acquire Udemy to form a combined online learning company valued at about $2.5 billion, aiming to generate roughly $1.5 billion in annual revenue and $115 million in cost synergies. Coursera CEO Greg Hart and Udemy CEO Hugo Sarrazin framed the deal around scaling AI-driven skills training—the companies cited surging demand for generative-AI courses and the need to invest in platform innovation. The firms said the deal will marry Coursera’s enterprise partnerships with Udemy’s consumer reach; closing is expected in the second half of 2026. For university continuing-education and professional programs, the tie-up signals intensified competition from well-funded MOOC platforms offering employer-facing credentials and AI-enabled learning tools.