Add-on Acquisition • Internet Software and Services

Chegg Acquires CourseRank

On August 19, 2010, Chegg acquired internet software and services company CourseRank

Acquisition Context
  • This is Chegg’s 1st transaction in the Internet Software and Services sector.
  • This is Chegg’s 1st transaction in the United States.
  • This is Chegg’s 1st transaction in California.

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M&A Deal Summary

Date August 19, 2010
Target CourseRank
Sector Internet Software and Services
Buyer(s) Chegg
Deal Type Add-on Acquisition

Target Company

CourseRank

Mountain View, California, United States
CourseRank helps students manage and plan their academic careers. CourseRank's scheduling, planning and course review system guides students by arranging relevant course information in an easily accessible display where they can track their progress towards the goal of graduation, mapping courses taken, and grades received.
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Buyer Overview 1

Buyer

Chegg

Santa Clara, California, United States

Category Company
Founded 2005
Sector Consumer Services
Employees1,241
Revenue 618M USD (2024)
DESCRIPTION

Chegg offers products and services that help students throughout the learning lifecycle, from choosing a college through graduation and beyond. To deliver these services, the Company partners with several third parties. Chegg was founded in 2005 and is based in Santa Clara, California.


Deal Context for Buyer #
Overall 1 of 16
Sector: Internet Software and Services 1 of 13
Type: Add-on Acquisition 1 of 15
State: California 1 of 9
Country: United States 1 of 14
Year: 2010 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-08 Cramster

Pasadena, California, United States

Cramster is a social platform providing online homework help. It was formed in 2002 and is based in Pasadena, California.

Buy -