Prosus to acquire Stack Overflow in a $1.8-billion deal

2021-06-03 17:27:02

Bengaluru: Prosus NV has struck a $1.8-billion deal to acquire Stack Overflow, an online community for software developers, in what is seen as the e-commerce and technology giant’s first outright buy in the edtech space.

New York-based Stack Overflow operates a Q&A website that is used by software developers—and, increasingly, other professionals—for improving their coding skills. The company claims it has over 100 million monthly visitors.

A Naspers spinoff, Prosus has previously backed several ventures in the

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