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Industry Summary Articles

Tuesday, May 21, 2024

Accenture Completes Acquisition of Udacity

Accenture has completed the acquisition of 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. The acquisition underscores Accenture’s ongoing commitment to meeting the needs of its clients amid a changing workforce, in particular by helping their people gain essential industry-specific training and technology skills and achieve greater business value in the AI economy.

The acquisition of Udacity previously announced on March 5, 2024 adds more than 230 people to Accenture’s LearnVantage business, bringing its deep capabilities in integrating proprietary content, expert services and scalable learning technology, while seamlessly bridging the gap between online education and workplace relevance.

Founded 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 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.

Accenture continues to build on and scale for clients its deep experience in learning and training with the addition of LearnVantage’s tailored technology learning programs; specialized, predesigned technology academies; ecosystem learning certification services and managed services. The acquisition of Udacity broadens Accenture’s global skills training footprint and amplifies its capabilities to help clients advance their business goals while also enabling their people to acquire the skills needed to keep pace with the rapid evolution of talent and technology.

To view the original press release, please click here.

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