American online education platform Lynda.com has acquired Canadian cloud-based coding platform Compilr. The transaction is reportedly valued at $20 million, according to TechCrunch.
Lynda.com Chief Executive Officer (CEO) Eric Robison said of the deal: "The acquisition of Compilr reflects our dedication to providing members the best way to learn across a variety of segments, whether we build or buy to achieve those goals. We recognize the growing market demand for programming language instruction and are committed to providing a broad range of high-quality computer programming courses. This aligns with our learning philosophy and allows us to maintain and grow our market leadership."
Under the terms of the acquisition deal, Compilr will be integrated into Lynda.com's platform. The existing users of Compilr will also be able to avail of free training on Lynda.com, the report detailed.
Through this purchase, Compilr will be able to expand its training capabilities. Lynda.com, on the other hand, will be able to expand its online courses for developers, TechCrunch reported.
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