PublishersLunch
Wiley is investing in online learning
services, agreeing to purchase private-held Chicago-based Deltak.edu for $220
million. They say it will "significantly accelerate Wiley's digital
learning strategy and diversify the company's service offerings to include
operational and academic solutions for higher education institutions."
Deltak provides provides technology platforms and services that support over
100 online learning programs.
The company had sales of $54 million for
the just-ended fiscal year, and the deal is expected to close by the end of the
month.
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