Accenture announced it has agreed to acquire Udacity, a digital education company with deep expertise in developing and delivering proprietary technology courses that combine the flexibility of online learning with the benefits of human instruction. The terms of the deal were undisclosed.
Udacity’s team of 230+ professionals will join Accenture LearnVantage. LearnVantage provides Accenture’s clients with comprehensive technology learning and training services to help them reskill and upskill their people in technology, data, and AI to reinvent their organizations.
Udacity was recognized for its sophisticated learning approach, which emphasizes the acquisition of practitioner-level technical skills. The acquisition will enhance 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 a primarily consumer-focused platform to a talent transformation platform that creates customer value through career development in AI and tech. Through a highly regarded network of more than 1,400 experts and a vast library of exclusive content co-created with industry leaders, Udacity has served over 21 million registered learners in 195 countries, providing localized course offerings in multiple languages, including English, Arabic, Korean, and Spanish. Udacity has differentiated itself in a crowded market through its combination of high-quality content and ‘human in the loop’ learning, coupled with an outcome-focused approach.
The completion of the acquisition is subject to customary closing conditions.
KEY QUOTES:
“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. 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.”
- Kishore Durg, global lead of Accenture LearnVantage
“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. 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.”
- Kai Roemmelt, CEO of Udacity
