Online education platform, Coursera, has acquired Rhyme Softworks, a startup platform that allows developers to build virtual hands-on learning projects that can be completed from the user’s internet browser. The terms of the acquisition haven’t been disclosed at this time.
As of last month, Coursera had more than 33 million registered users, along with an offering of 3,600 courses. The billion-dollar platform partners with around 190 universities as well as big-name corporations, such as Google, to offer 14 online degrees. Now it has its first acquisition under its belt.
Coursera is also expanding its operations through the acquisition to offer Coursera Labs, which will allow education institutions and industry partners to utilize the Rhyme technology to build their own projects.
Meanwhile, some partners have already used the offering to establish its projects, such as the one the University of London has called Sleuth, which teaches programming skills to its students.
Coursera’s CEO, Jeff Maggioncalda, says the deal doesn’t just include Rhyme’s IP and associated assets. The company’s team of six professionals will also be part of the new venture and will be led by Rhyme’s CEO, Namit Yadav. Coursera also intends to invest millions into the Coursera Labs initiative.
Coursera hopes the initiative will bring more customization and flexibility into its platform. Subjects with robust project and development components, like math, programming, and some marketing projects, will benefit from the new program.
Coursera expects to offer more analytics to course creators and learners insofar as what can be expected in project completion time expectations. Content will also be able to be created specifically for the Coursera platform, although Coursera will still offer many courses that won’t utilize the new platform.
Another huge change that users can expect with Coursera Labs is more hands-on learning, as well as a requirement to be online to take the course. With its original platform, learners are able to complete a lot of their work offline.