Edtech company 2U is set to grow its non-degree offerings and expand internationally after announcing plans to acquire Cape Town and London-based education firm GetSmarter for approximately $103m. The deal, set to close during Q3 2017, accelerates 2U's two growth initiatives. "We are excited about the opportunity that this acquisition provides us with as we continue our mission of providing world-class educational opportunities in South Africa at a price point accessible by all students," said CEO John N@@
Edtech company 2U is set to grow its non-degree offerings and expand internationally after announcing plans to acquire Cape Town and London-based education firm GetSmarter for approximately $103m. The deal, set to close during Q3 2017, accelerates 2U's two growth initiatives. GetSmarter, which earned $17m in 2016, offers non-degree courses in partnership with Harvard, the Massachusetts Institute of Technology and the University of Cape Town.