Test-prep industry player Kaplan has acquired Dev Bootcamp, self-proclaimed originator of the software coding bootcamp model.
The companies announced the deal Wednesday, boasting that it makes Kaplan the largest provider of test prep worldwide as well as one of the largest players in the coding bootcamp market. The purchase price was not immediately disclosed.
Dev Bootcamp was founded in 2012 and has remained a prominent figure in the space as it becomes increasingly crowded.
Bernardo Rodriguez, head of Kaplan's new economy skills training (NEST) initiative, said Dev's ability to achieve both scale and innovation was a key factor in the acquisition:
Coming from another immersion learning industry where we've seen many operations come and go, we know firsthand the enormous challenge of maintaining high quality programs, with consistently strong results, while expanding reach to a growing number of students and markets.
Kaplan said the acquisition will enable it to expand into new economy skills training, complementing its existing NEST offerings under the Metis brand, which launched in December 2013 and includes bootcamps for data science, product design and software coding.
As for Dev, the bootcamp will maintain its operations strategy and function independently under Kaplan's Advance division.