As a keen follower of all things edtech you will likely have noticed that MOOC platforms like Udacity and now Coursera are moving away from classic higher education subjects and increasingly into tech skills. Startups like Udemy served that vertical early on. If you think about it, it is somewhat a self-fulfilling prophecy that a Silicon Valley startup is serving the ecosystem it exists in.
Though a not-so-great earnings forecast cost LinkedIn 30% of its stock value the professional network is still one of the most solid companies in the social space. It has 414 million members worldwide, and 57% of traffic now comes from mobile. And by means of its ongoing acquisition strategy LinkedIn is transforming itself from simple network into a full-blown education and career hub.
Education First (EF) announced a new pilot program with the professional social network LinkedIn today. LinkedIn users who indicate English as a second language will get the offer to take a free assessment test via email. Upon completion users will receive the option to add a certification to their LinkedIn profile.
Professional social network LinkedIn announced its intention to acquire online learning company Lynda.com for around $1.5 billion. The deal is expected to close during the second quarter of 2015 and will be a combination of 52% cash and 48% stock. LinkedIn has currently around 350 million members worldwide.