Hack Reactor Buys MakerSquare in Austin

imgres-7Hack Reactor, a computer programming bootcamp, announced this week it has bought MakerSquare, a two-year old coding school with campuses in Austin and San Francisco.

Hack Reactor, based in San Francisco, did not release the terms of the deal. It’s the two-year-old company’s first acquisition. Hack Reactor plans to continue to operate MakerSquare independently and those campuses will adopt Hack Reactor’s JavaScript programming curriculum.

“Coding bootcamps were estimated at $59 million total gross revenue for 2014 and that number will continue to rise,” Hack Reactor CEO Anthony Phillips said in a news release. “We’re collecting the best minds in the accelerated learning sector, and we’re proud to have MakerSquare on our team. MakerSquare and Hack Reactor are both leaders in terms of student outcomes, quality teaching and strength of alumni network. We share a vision for the future of education, software engineering and empowering students.”

MakerSquare also has a Dev House in Austin that provides shared housing for out of town students participating in its three month long program.

“The current higher education system does not sufficiently empower and serve people,” said MakerSquare CEO Harsh Patel. “This is a fact on a national and global level. I am confident that by joining Hack Reactor, together, we can make a large dent in transforming the old education system into one that focuses on student outcomes.”

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