It is its first acquisition in the edtech space, but already owns stakes in
The edtech space has become increasingly attractive to investors during the pandemic. Last month Norwegian game-based learning company Kahoot bought Californian startup Clever in a deal worth up to
“We are delighted to be welcoming Stack Overflow to the
“With enduring skills shortages and ever-evolving needs within technology organizations, technology training has emerged as the largest and fastest growing segment of corporate learning and development… In addition to further scaling its community in the markets we know well, we want to help Stack Overflow Teams to expand within enterprises to address an underserved opportunity to transform their technology learning and collaboration.”
There is a new question posted on Stack Overflow every 14 seconds, and developers and technologists visiting the platform have been helped over 50bn times since its launch.
The deal is expected to close by the end of third quarter and is subject to regulatory approval.
“We are excited to be joining the
“Given Prosus’s focus on the future of the workplace, their partnership will allow our market leading SaaS collaboration product, Stack Overflow for Teams, to reach thousands more global enterprises, allowing them to accelerate product innovation and increase productivity by unlocking institutional knowledge.”
The post
© City AM, source