Coursera and Udemy are Finally One. What’s Next?

Author: Kanishka Nangare | Date: May 11th, 2026

The merger is complete. After three failed attempts and five months of regulatory and shareholder review, Coursera and Udemy have finally combined. Now comes the restructuring, the platform integration, and some unanswered leadership questions.

Key Facts

  • Each Udemy share was exchanged for 0.8 shares of Coursera
  • Udemy shareholders received ~$3.8 per share when the deal closed
  • Former Coursera stockholders own ~59% of combined company; former Udemy stockholders own ~41%
  • Combined company: 315k courses, 290 million learners, 18,000 enterprise customers, ~95,000 instructors
  • Coursera’s market cap slid from ~963M today
  • First announced December 17, 2025; approved by stockholders April 9, 2026

Leadership

  • Greg Hart remains CEO
  • Mike Foley remains CFO
  • Andrew Ng continues as Chairman
  • Rob Rosenthal (President of Udemy Business) transitioning to advisory role
  • Udemy CEO Hugo Sarrazin’s role unclear
  • Combined nine-member board: 6 former Coursera directors + 3 former Udemy directors

What Changes

  • Short-term: nothing changes for users (courses, subscriptions, certificates preserved)
  • Long-term: unified platform with expanded catalog access, AI-powered learning tools, deeper skills analytics
  • “Build the world’s most comprehensive skills platform for the AI era”
  • Layoffs likely (“meaningful operating efficiencies”)