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John Wiley & Sons Pays $220M for Deltak.edu

Publisher John Wiley & Sons Inc. said it will buy privately held Deltak.edu LLC, a higher education and online learning services company, for $220 million to bolster its digital learning offerings, Reuters reported Tuesday. The deal is expected to close by the end of the month.

(Reuters) – Publisher John Wiley & Sons Inc said it will buy privately held Deltak.edu LLC, a higher education and online learning services company, for $220 million to bolster its digital learning offerings.

The deal is expected to close by October-end.

After the acquisition, Deltak’s more than 300 employees would become part of Wiley.