Wiley acquires assets of Knewton

|About: John Wiley & Sons, Inc. (JW.A)|By:, SA News Editor

John Wiley & Sons (JW.A -0.1%) announced that it has acquired the assets of Knewton, a provider of affordable courseware and adaptive learning technology for an undisclosed amount.

This acquisition will help Wiley expand its position in fast-growing affordable courseware market and add leading adaptive learning capabilities to enhance student outcomes

The transaction is expected to close on or around May 31, 2019

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