On December 17, 2025, Udemy, Inc., an AI-powered skills acceleration platform that combines on-demand, multi-language content with real-time innovation, and Coursera, Inc., an AI-powered online learning platform, announced that they have entered into a definitive merger agreement under which Coursera will combine with Udemy in an all-stock transaction. Based on the closing prices of Coursera and Udemy common stock on December 16, 2025, the implied equity value of the combined company is approximately $2.5 billion. The transaction is expected to close by the second half of 2026, subject to the receipt of required regulatory approvals, approval by Coursera and Udemy shareholders, and the satisfaction of other customary closing conditions.
Wilson Sonsini Goodrich & Rosati advised Udemy on the transaction.
The Wilson Sonsini team that advised Udemy on the transaction included:
Mergers & Acquisitions
Marty Korman
Remi Korenblit
Stacy Lee
Michael Anthony
Drew Downing
Corporate
Lianna Whittleton
Hanna Kim
Technology Transactions
John McGaraghan
Isabel Annino
Brittany Von Rueden
Regina McLeod
Ariel Friedman
Graham T. Hendrick
Anna Weber
Erica Hur
Bryce McKay
Jennifer Cheng
Data, Privacy, and Cybersecurity
Matthew Staples
Daniel Chen
Chany Kim
Dan Shin
Finance and Structured Finance
John Mao
Joseph Catapano
Eaton Liu
Employee Benefits and Compensation
Sriram Krishnamurthy
Michael Klippert
Jason Chan
Emma Wilcox
Sophia Friedfertig
Employment Litigation
Matt Gorman
Quinn Christie
Antitrust and Competition
Jamillia Ferris
Benjamin Labow
Deirdre Carroll
Kimberley Biagioli
Andrew Morrison
Rachel Burke
John Sack
Julius Giesen
Delaware Corporate
Amy Simmerman
Ryan Greecher
Brian Currie
Regulatory
Stephen Heifetz
Tarek Helou
Anne Seymour
Seth Cowell
Kara Millard
Real Estate
Susan Reinstra
Martin Sul
Alex Corluyan
For more information, please see Coursera’s news release. Additional coverage can be found on Reuters, TechCrunch, and The Tech Buzz.
