"The proceeds of the acquisition will be used by a nonprofit led by Harvard and MIT that will focus on closing the learning and opportunity gap through the development of new partnerships, digital tools, and strategies. The nonprofit will devote significant resources to forging partnerships with institutions of higher education, particularly community colleges and other educational institutions that serve under-resourced communities."
https://news.harvard.edu/gazette/story/2021/06/edx-acquired-by-education-technology-company-2u/