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# Vista Equity to buy educational-software maker Pluralsight for $3.5 billion

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Vista Equity to buy educational-software maker Pluralsight for $3.5 billion
”

Private-equity firm Vista Equity Partners agreed to buy educational-software maker Pluralsight Inc., according to people familiar with the matter.

The deal values Pluralsight
PS,
+0.37%
at $20.26 a share, or $3.5 billion including debt, the companies said in a statement confirming an earlier report by The Wall Street Journal.

Farmington, Utah-based Pluralsight is a cloud based online-education platform for software developers that sells to both businesses and individuals.

Private-equity firms like Vista were already focused on business-software providers, with their recurring-revenue models, before the pandemic increased interest in companies whose offerings make it easier to reach employees and students remotely.

An expanded version of this report appears on WSJ.com.

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