Wiley Acquires CrossKnowledge for $175M

CROSSKNOWLEDGE: Acquired by John Wiley & Sons for $175 million in cash; the deal is expected to close May 1. CrossKnowledge is a French company that delivers subscription-based online learning solutions for enterprise and postsecondary schools, which include over 17,000 courses and course management tools for instructors and students. According to the press release the company saw $37 million in revenue last fiscal year.

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