BLOC OUT: Thinkful, an online coding bootcamp based in Brooklyn, has acquired another online coding bootcamp, Bloc. Financial details for the deal, which was announced on Tuesday, were not disclosed. However officials at Thinkful said Bloc was not profitable and “almost breaking even” at the time the deal closed.
Bloc is the second online coding education provider that Thinkful has purchased in 2018, following the acquisition of Viking Code School in January. According to Thinkful CEO and co-founder Darrell Silver, Bloc’s platform won’t see many drastic changes under the new ownership. “A lot of students chose Bloc over Thinkful for their own reasons, and we are not changing the program experience form or the pedagogy.”
Silver added that the move would also help Thinkful add new course offerings, such as a design program.
