The $1.8 Billion Acquisition Of Stack Overflow Aims To Turbocharge The World’s Software Knowhow by Vijay Gurbaxani

In yet another sign that the world is software-driven, Prosus N.V., one of the world’s largest tech investment firms operating as the international Internet assets arm of South African multinational Naspers, announced on June 2 that it’s acquiring Stack Overflow, a global knowledge-sharing platform for developers and technologists, for $1.8B. Prosus already owns significant stakes in online education companies Udemy and Codecademy, in addition to a number of other tech companies—most notably, Tencent.

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