Simplilearn Solutions Private Limited acquired Fullstack Academy from Zovio Inc (OTCPK:ZVOI) for $31 million on November 23, 2022. All Fullstack Academy employees will remain in their roles as part of the combined organization, taking Simplilearn's total employee count to over 2,500 and Fullstack Academy will continue to serve its students and partners as an independent business unit within Simplilearn.

Simplilearn Solutions Private Limited completed the acquisition of Fullstack Academy from Zovio Inc (OTCPK:ZVOI) on November 23, 2022. David Lewis of DLA Piper LLP (US) acted as legal advisor to Fullstack Academy