Market Updates
Wiley to Purchase Deltak.edu for $220 Million
Devan Biswas
02 Oct, 2012
New York City
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John Wiley said it agreed to acquire online education service provider Deltak.edu for $220 million.
[R]12:00 PM New York – John Wiley said it agreed to acquire online education service provider Deltak.edu for $220 million.[/R]
John Wiley & Sons Inc ((JWA)) said it agreed to purchase online-education firm Deltak.edu LLC for $220 million.
The closely held education service provider works with several universities and colleges and helps them develop and support online degree certificate program and currently operates 100 online programs.
In the last fiscal year ending in September, Deltak.edu had revenues of $54 million.
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