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587 Stack Overflow acquired by Prosus for a whopping $1.8B

The Next Web
Ivan Mehta @ The Next Web · 06/03/2021 03:45 EDT

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 Sta

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