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Wiley Announces Agreement To Acquire Zyante Inc

HOBOKEN, N.J.–(BUSINESS WIRE)-John Wiley – Sons, Inc. (NYSE:JWa) (NYSE:JWb), a global leader in research and education, announced today that it has signed an agreement to acquire Zyante Inc., a leader in computer science and educational materials. Under the agreement to be reached on July 1, 2019, zyante shareholders will receive $56 million in cash. Wiley Investors: Brian Campbell, 201 748 6874 brian.campbell@wiley.com or Media: Lauren Andrich, `1 201 748 5838 landrich@wiley.com The Hoboken, N.J.-based education company has acquired Zyante, Inc., the developer of zyBooks, a digitalware race platform for science and STEM courses. This marks the second purchase of wiley in three months, after buying the highly hypnotized (and generously funded) Knewton in May. This version may contain certain forward-looking statements. Confidence should not be placed on forward-looking statements, as actual results may differ materially from those of forward-looking statements. These forward-looking statements are based on a series of assumptions and estimates that are naturally subject to uncertainties and contingencies, many of which are beyond the control of the company and are subject to change, based on many important factors. These factors include (i) the level of investment in new technologies and products; (ii) subscription renewal rates for company periodicals; (iii) the financial stability and liquidity of subscriptions to periodicals; (iv) consolidation of accounting wholesalers and retail accounts; v) the market position and financial stability of the major online retailers; (vi) the seasonality of the company`s educational activities and the effects of the used book market; (vii) global economic and political conditions; (viii) the company`s ability to protect its copyrights and other intellectual property rights worldwide (ix) the company`s ability to successfully integrate acquired transactions and realize expected opportunities, and (x) other factors that appear from time to time in the company`s filings with the Securities and Exchange Commission. The entity undertakes no commitment to update or revise any forward-looking statements to reflect future events or circumstances. The major publishers could not help noticing this type of market penetration and the positive experiences of students and teachers.

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