This Slide: #64 of 76 |
Slide #64. John Wiley & Sons, Inc. — Efficient Learning Systems, Inc.
Acquirer:
John Wiley & Sons, Inc. (JW.A)
Acquiree:
Efficient Learning Systems, Inc.
Details:
John Wiley & Sons, Inc., a global provider of content and workflow solutions supporting research; professional development; and education, announced today that it has acquired Efficient Learning Systems (ELS), Inc, an e-learning system provider in areas like professional finance and accounting, for $24 million. For the fiscal year ending December 2012, ELS' revenue is expected to be approximately $7 million, and growing rapidly. Wiley expects the acquisition to be essentially neutral to earnings for its fiscal year ending April 30, 2013.
John Wiley & Sons is engaged in research and education, developing human potential by enabling discovery, powering education, and shaping workforces. Co. has three segments: Research Publishing & Platforms, which supports researchers, professionals and learners in the discovery and use of research knowledge to help them achieve their goals; Academic & Professional Learning, which provides Education Publishing and Professional Learning products and services, including digital courseware and test preparation services; and Education Services, which consists of Online Program Management services for higher education institutions and mthree talent placement for professionals and businesses.
Open the JW.A Page at The Online Investor »
|
Open the JW.A Page at The Online Investor (in a new window) »
Free JW.A Email Alerts: Get SEC Filing Alerts Get Dividend Alerts |
Hold (2.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |