Accenture (NYSE: ACN) has agreed to acquire Udacity, a digital
education pioneer with deep expertise in the development and
delivery of proprietary technology courses that blend the
flexibility of online learning with the benefits of human
instruction. Terms of the transaction were not disclosed.
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Accenture has agreed to acquire Udacity,
a digital education pioneer with deep expertise in the development
and delivery of proprietary technology courses that blend the
flexibility of online learning with the benefits of human
instruction. (Photo: Business Wire)
Udacity’s team of more than 230 professionals will join
Accenture LearnVantage, also announced today, which provides
Accenture’s clients with comprehensive technology learning and
training services that will help them reskill and upskill their
people in technology, data and AI to reinvent their organizations
and achieve greater business value.
Udacity is recognized for its cutting-edge learning approach
that emphasizes the acquisition of practitioner-level technical
skills. The acquisition will bring to Accenture Udacity’s
capabilities in integrating proprietary content, expert services
and scalable learning technology while seamlessly bridging the gap
between online education and workplace relevance.
Since its founding in 2011, Udacity has evolved from primarily
consumer-focused to a talent transformation platform bringing
customer value creation through career development in AI and tech.
Through its highly regarded network of more than 1,400 experts and
a vast library of exclusive content co-created with industry
leaders, Udacity has served more than 21 million registered
learners in 195 countries, providing localized course offerings in
multiple languages, including English, Arabic, Korean and Spanish.
In a crowded market, Udacity has differentiated itself through its
combination of high-quality content and ‘human in the loop’
learning, coupled with an outcome-focused 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.
About Accenture
Accenture is a leading global professional services company that
helps the world’s leading businesses, governments and other
organizations build their digital core, optimize their operations,
accelerate revenue growth and enhance citizen services—creating
tangible value at speed and scale. We are a talent- and
innovation-led company with approximately 743,000 people serving
clients in more than 120 countries. Technology is at the core of
change today, and we are one of the world’s leaders in helping
drive that change, with strong ecosystem relationships. We combine
our strength in technology and leadership in cloud, data and AI
with unmatched industry experience, functional expertise and global
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assets across Strategy & Consulting, Technology, Operations,
Industry X and Song. These capabilities, together with our culture
of shared success and commitment to creating 360° value, enable us
to help our clients reinvent and build trusted, lasting
relationships. We measure our success by the 360° value we create
for our clients, each other, our shareholders, partners and
communities. Visit us at www.accenture.com.
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Michelle Schneider Accenture +1 412 874 0282
michelle.schneider@accenture.com
Peter Y. Soh Accenture +1 703 947 2571
peter.y.soh@accenture.com
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