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CEO of Stack Overflow on Benefits of $1 8 Billion Acqusition

Stack Overflow This story is available exclusively to Insider subscribers. Become an Insider and start reading now. The European tech investor Prosus is acquiring developer Q&A site Stack Overflow for $1.8 billion. Prosus is Tencent s largest shareholder and has invested in other edtech companies like Codecademy. Stack Overflow plans to expand internationally and build its advertising and subscription business. The popular developer Q&A site Stack Overflow is getting acquired by the European tech investor Prosus for $1.8 billion and its CEO says the move will help it expand the impact of its global community. Stack Overflow, which was founded in 2008, says it has over 100 million monthly users who visit to ask and answer questions about coding and other technical skills. The deal will close by the third quarter of 2021, and even after the acquisition, the company will continue operating independently.

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Software-Entwicklung: Stack Overflow wird von Tech-Investor Prosus übernommen

Software-Entwicklung: Stack Overflow wird von Tech-Investor Prosus übernommen
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European firm Prosus acquires Stack Overflow for $1 8 billion

Stack Overflow, a popular Q&A service for programmers, has been acquired by European investment firm Prosus, co-founder Joel Spolsky announced Wednesday, for a price tag of $1.8 billion, per the Wall Street Journal.Why it matters: Stack Overflow's success at enabling expert developers to share tips and shards of working code became the foundation for many novices' knowledge and built a community that helped more advanced practitioners solve tough problems.Get market news worthy of your time with

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Stack Overflow acquired for $1 8bn by Prosus (no, me neither)

Stack Overflow acquired for $1 8bn by Prosus (no, me neither)
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Stack Overflow acquired by Prosus for $1 8 Billion – TechCrunch

The legendary Q&A website for programmers (and probably one of the most copy-and-pasted sites on the Internet) Stack Overflow is being acquired. The Wall Street Journal is reporting that Prosus (the primary shareholder of Chinese gaming mega co/WeChat developer, Tencent) will acquire Stack Overflow for $1.8 billion. Update: Prosus confirms the $1.8 billion number in a […]

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