The transaction was an all-stock deal with an implied combined equity value of roughly $2.5 billion based on closing prices as of December 16, 2025 . Each Udemy share was exchanged for 0.800 shares of Coursera common stock, representing a 26% premium over the 30-day average price
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Post-merger ownership is split: Coursera shareholders own about 59% of the combined entity, while Udemy shareholders own about 41% . The combined company operates under the Coursera brand, with Coursera CEO Greg Hart remaining at the helm
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The deal brings together Coursera's university-affiliated degrees and professional certifications with Udemy's instructor-led skills marketplace, creating what the company describes as a platform for
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