Pluralsight, a developer training company, has bought up PeepCode and TrainSignal, two semi-competitors, for the total sum of $23.6 million in cash and stock.
PeepCode focuses on open-source technology training for developers; the startup is based in Seattle. TrainSignal is based in Chicago and specializes in IT skill sets and technologies like Citrix and Cisco.
Pluralsight, which offers learn-to-code video coursework, will grow its library to more than 1,000 courses. The integration of the two sites into the Pluralsight fold will occur over the next few months.
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“As everybody rushes to implement cloud-based infrastructure, CIOs and CTOs need IT professionals who can support the new technology, which requires a foundation in traditional IT topics like Cisco and Citrix as well as leading-edge web dev skills,” said a company rep in a statement on the news.
“Pluralsight is now a one-stop shop for these skills and in some instances is becoming a more compelling credential for professional development than traditional academic degrees.”
While Pluralsight does rake in a fair amount of cheddar for its services, we can imagine that a sizable portion of this deal was a direct result of the company’s hefty funding earlier this year — a $27.5 million first round of institutional funding.
Pluralsight was founded in 2004 and is based in Layton, Utah.
Disclosure: The writer created three freelance videos for Pluralsight in 2010.