Industry News
Chegg to Acquire Thinkful
Chegg is growing its learning platform with the acquisition of Thinkful, an online learning company specializing in bootcamp-style tech training.
Thinkful combines "outcomes-focused" online curricula with live experts to provide learners with job-ready skills in high-demand fields such as software engineering, data science, data analytics and product design. Learners can choose from a variety of payment options, including income share agreements, and are guaranteed a refund if they don't get a job within six months of graduation.
"With the anticipated addition of Thinkful to our platform, Chegg will continue to expand our offerings and make it easier for students to accelerate their path from learning to earning," said Dan Rosensweig, CEO of Chegg, in a statement. "Students are increasingly looking to improve their professional opportunities by learning the most relevant job skills, either while in school or soon after. Adding Thinkful courses to our suite of Chegg Learning Services will enable us to empower students to obtain in-demand, high-quality job skills, for the fastest-growing job categories, with affordable prices."
"We founded Thinkful because we saw millions of people with no way to achieve a fulfilling career, especially in high-tech fields, and we knew we could fix it," commented Darrell Silver, CEO of Thinkful. "Becoming part of the Chegg platform will allow us to accelerate course development, lower the cost for students, grow, and increase our reach."
About the Author
About the author: Rhea Kelly is executive editor for Campus Technology. She can be reached at rkelly@1105media.com.