John Wiley & Sons completes Deltak.edu deal
John Wiley & Sons has completed its $220 million acquisition of online education provider Deltak.edu, the publisher disclosed in a filing with the U.S. Securities and Exchange Commission on Thursday.
The Hoboken, N.J.-based company announced earlier this month that it would buy privately held Deltak.edu to diversify its offerings and ramp up its online education strategy.
Deltak.edu LLC is based outside of Chicago and had $54 million in revenue for the year ended Sept. 30. The company works with colleges and universities to develop and support online degree and certificate programs.
Shares of John Wiley & Sons rose 21 cents to $43.09 Thursday.