# edX merger with 2U

**URL:** <https://discuss.openedx.org/t/edx-merger-with-2u/5305>\
**Category:** Community\
**Created:** [June 30, 2021, 1:07pm UTC](https://discuss.openedx.org/t/edx-merger-with-2u/5305 "2021-06-30T13:07:18Z")\
**Posts on this page:** 1\
**Showing post:** 2

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**Author:** ![nedbat](https://sea2.discourse-cdn.com/flex020/user_avatar/discuss.openedx.org/nedbat/32/3317_2.png) [@nedbat](https://discuss.openedx.org/u/nedbat)\
**Post date:** [June 30, 2021, 1:58pm UTC](https://discuss.openedx.org/t/edx-merger-with-2u/5305/2 "2021-06-30T13:58:16Z")

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There are many details to still be worked out, but it is very exciting news.

We had a discussion about it at [yesterday’s Contributor’s meetup](https://discuss.openedx.org/t/open-edx-contributors-meetup/1450/65).

> It appears as a part of that merger Harvard and MIT will create a new nonprofit that still maintains the Open edX codebase. Is this the case

Yes, the $800M proceeds from the sale will be used to fund a new non-profit to steward and extend the Open edX platform, and do other work to improve education around the world.

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_[View the full topic](https://discuss.openedx.org/t/edx-merger-with-2u/5305)._
