Amazon Web Services (AWS) announced the general availability of Amazon Q, a generative artificial intelligence (AI)-powered assistant for accelerating software development and leveraging companies’ internal data.
Simplilearn has acquired Fullstack Academy, for an all-cash transaction.
This will be the company's second acquisition after Market Motive in 2015. The news of the Fullstack Academy acquisition comes right after the latest funding by the GSV-led consortium. The acquisition will enhance Simplilearn's scale and presence in the bootcamp space.
Fullstack Academy is a premium bootcamp provider that has expanded its offerings, introducing new bootcamp programs in Web Development, Cybersecurity, Product Management, DevOps, Data Analytics, and other disciplines. Over the years, the company has built strong partnerships with twenty university and industry partners, growing to over 7,000 alumni across the U.S. It also runs the highly successful Grace Hopper Program with an aim to encourage women and non-binary students to pursue tech careers.
Fullstack's existing partnerships across 15 states provides Simplilearn access to new university partnerships that will expedite Simplilearn's growth in the region. Simplilearn credits Fullstack Academy's established reputation for quality outcomes, positive student feedback, trusted partnerships, and talented employee base, as the primary factors behind its acquisition of the tech bootcamp provider. Following the sale, all Fullstack Academy employees will remain in their roles as part of the combined organization, bringing Simplilearn's total employee count to over 2,500. Fullstack Academy will continue to serve its students and partners as an independent business unit within Simplilearn.
Sharing details on the acquisition, Krishna Kumar, Founder, and CEO, of Simplilearn, said, "Bootcamps have been an extremely popular concept in the edtech industry, and there is no denying that learners are looking for the holistic learning experience that bootcamps offer. Through Fullstack Academy's wide-spread footprint in the U.S. and its strong partnerships with top universities, we are confident that this collaboration will enable us to accelerate our global expansion plans. It is amazing to find a business whose vision is similar to ours and complements our pedagogy and belief system. We are certain we will be able to leverage each other's capabilities synergisitically to build a strong company."
"Together, we share an aligned mission of transforming lives by helping students from all backgrounds and skill sets learn the technical skills needed to secure in-demand jobs." said Jerrad Tausz, CEO of Fullstack Academy.
Recently, Fullstack Academy was designated an AWS Authorized Training Partner, enabling the delivery of official AWS Training and Certification in high-demand skills areas such as cloud computing.
Industry News
Red Hat announced the general availability of Red Hat Enterprise Linux 9.4, the latest version of the enterprise Linux platform.
ActiveState unveiled Get Current, Stay Current (GCSC) – a continuous code refactoring service that deals with breaking changes so enterprises can stay current with the pace of open source.
Lineaje released Open-Source Manager (OSM), a solution to bring transparency to open-source software components in applications and proactively manage and mitigate associated risks.
Synopsys announced the availability of Polaris Assist, an AI-powered application security assistant on the Synopsys Polaris Software Integrity Platform®.
Backslash Security announced the findings of its GPT-4 developer simulation exercise, designed and conducted by the Backslash Research Team, to identify security issues associated with LLM-generated code. The Backslash platform offers several core capabilities that address growing security concerns around AI-generated code, including open source code reachability analysis and phantom package visibility capabilities.
Azul announced that Azul Intelligence Cloud, Azul’s cloud analytics solution -- which provides actionable intelligence from production Java runtime data to dramatically boost developer productivity -- now supports Oracle JDK and any OpenJDK-based JVM (Java Virtual Machine) from any vendor or distribution.
F5 announced new security offerings: F5 Distributed Cloud Services Web Application Scanning, BIG-IP Next Web Application Firewall (WAF), and NGINX App Protect for open source deployments.
Code Intelligence announced a new feature to CI Sense, a scalable fuzzing platform for continuous testing.
WSO2 is adding new capabilities for WSO2 API Manager, WSO2 API Platform for Kubernetes (WSO2 APK), and WSO2 Micro Integrator.
OpenText™ announced a solution to long-standing open source intake challenges, OpenText Debricked Open Source Select.
ThreatX has extended its Runtime API and Application Protection (RAAP) offering to provide always-active API security from development to runtime, spanning vulnerability detection at Dev phase to protection at SecOps phase of the software lifecycle.
Canonical announced the release of Ubuntu 24.04 LTS, codenamed “Noble Numbat.”
JFrog announced a new machine learning (ML) lifecycle integration between JFrog Artifactory and MLflow, an open source software platform originally developed by Databricks.
Copado announced the general availability of Test Copilot, the AI-powered test creation assistant.