An SEC filing surfaced this morning, showing that Chegg has made a yet unannounced acquisition for at least $1.1 million worth of common stock. The company that Chegg acquired is called Flux Software Co. according to the filing, or shortly ‘Flux’. To be clear, we’ve confirmed that Chegg did not purchase enterprise software company Flux.

We’ve confirmed with a Chegg spokesperson that, rather… → Read More