|Bid||20.69 x 800|
|Ask||0.00 x 800|
|Day's Range||24.49 - 25.70|
|52 Week Range||22.82 - 59.74|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 09, 2022 - Feb 14, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||59.00|
2U Inc. has closed an $800 million deal to acquire almost all of online education company edX Inc.’s assets. The previously announced agreement will increase the size and scope of Lanham-based 2U’s work, allowing it to reach a total of 40 million users at a time when remote learning technology is in high demand. Now, 2U (NASDAQ: TWOU) will have 230 partners, including colleges and universities, and offer more than 3,500 courses.
2U, Inc. (Nasdaq: TWOU), a global leader in education technology, today announced it has completed its previously announced acquisition of substantially all assets of edX, a world-leading online learning platform and education marketplace. The acquisition brings together the unique strengths and complementary capabilities of two major forces in online education to create one of the world's most comprehensive free-to-degree online learning platforms.
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