Microsoft acquires TakeLessons, the start-up in the learning market

Microsoft acquires TakeLessons, the start-up in the learning market

Microsoft has acquired TakeLessons, a start-up with a website where people book paid courses online and in person on a variety of topics, a Microsoft spokesperson confirmed on Friday. Terms of the contract are not disclosed.

The move shows that Microsoft is committed to providing opportunities for people to find educational content, and not just in business. Over 6% of Microsoft’s revenue comes from LinkedIn, and the professional networking platform generates a portion of its revenue from premium subscriptions that include access to LinkedIn Learning, through which customers can take online courses. line.

LinkedIn differs from TakeLessons in that it offers live instructor training and live group lessons to private lessons. While LinkedIn Learning specializes in content on leadership, sales, and other business topics, TechLessons offers courses in a range of consumer-focused topics including music, languages, and the arts.

“TechLessons is a unique and trusted online marketplace that connects diverse, qualified and proven instructors with students of all ages who are achieving their goals,” a Microsoft spokesperson told CNBC in an email. “This acquisition responds to the growing demand for personalized hybrid opportunities and extends our product offering to consumers of TakeLessons, a leading online learning platform. “

TakeLessons was founded in 2006 and is based in San Diego. Investors include CrossLink Capital, Moore Venture Partners, SoftTech VC and Triangle Peak Partners.

“With the help and patience of the amazing team at TakeLessons, millions of people from all over the world visited TakeLessons and took millions of minutes of lessons – learning everything from STEM to Persian, from guitar to horseback riding, parkour, tennis, vocals, and yes, even Excel macros, ”wrote Steven Cox, founder and CEO of TakeLessons, in a LinkedIn post.

The coronavirus pandemic has benefited e-learning. Covid “has accelerated the market for e-learning solutions,” Coursera said earlier this year during its IPO. And the number of hours spent on LinkedIn Learning more than doubled year over year in the fourth quarter, Microsoft CEO Satya Nadella told analysts on a conference call in January.

To concern: Microsoft CEO: Flexibility is key to the future of hybrid work

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