Stack Overflow snapped up by Prosus in billion-dollar deal

Tech investment company Prosus NV has acquired Stack Overflow, arguably the most popular collaboration platform for programmers, in a deal valued at $1.8 billion. 

The Stack Overflow deal is one of Amsterdam-based Prosus’ largest, and reportedly its first outright acquisition in the edtech space, which has been a focus area for the firm with investments in a handful of startups such as online learning platform Udemy, and Codecademy.

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