Education group Pearson has agreed to buy the certification company Credly to expand its offering to businesses looking to train and retain workers at a time of tight labour markets and rapid technological innovation.
Pearson today announced the $200 million acquisition of Credly, expanding its presence in the workforce skills sector.
Credly's digital badge offerings will join Pearson's workforce analysis, learning and assessment solutions.
Pearson announced Monday that it had acquired Credly, the market leader in digital workforce credentialing. Pearson, which already had a nearly 20 percent stake in Credly, said the acquisition will expand its presence in the workforce skills sector and add a strong...
Pearson CEO Andy Bird joins Yahoo Finance Live to discuss the education company's acquisition of Credly, how the company is transforming professional and student learning experiences, and the decline in U.S. college enrollments amid COVID-19.
Pearson already owned a 20% stake in the digital workforce credentialing platform worth about $40 million, but it's now buying the entire company.
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