Stack Overflow acquired by Prosus for a whopping $1.8B - The Fact Factory

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Thursday 3 June 2021

Stack Overflow acquired by Prosus for a whopping $1.8B


Stack Overflow, the online developer community forum, has struck a deal with Naspers’ international internet assets division Prosus. According to a report from the Wall Street Journal, Prosus is buying the company for a whopping $1.8 billion. The investment firm is known for its $200 billion holdings in the Chinese tech giant Tencent. This acquisition is one of the biggest in Prosus’ portfolio. [Read: This dude drove an EV from the Netherlands to New Zealand — here are his 3 top road trip tips] US-based Stack Overflow was established in 2008, and it quickly became home for developers and students who…

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