June 03 - 12:06
18D
Prosus to buy developer community Stack Overflow for $1.8bn
The online community for software developers Stack Overflow is to be acquired by Prosus in a deal worth $1.8bn. Prosus is one of the world’s leading technology investors with stakes in companies such as Tencent, Brainly, BYJU’s, Codecademy, OLX, PayU, Remitly and Udemy. Under the terms of the deal, Stack Overflow will continue to operate as an independent business with its current team.
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