LEARNING HOUSE GETS A NEW HOME: John Wiley and Sons, Inc., parent company of Wiley Education Services, has acquired Learning House for $200 million in cash. Wiley, a 200-year-old research and education company, hopes that together they will become a major player in the online program management market, where Learning House is already well positioned.
Based in Louisville, Learning House provides a wide variety of skills training and credentialing—from boot camps to undergraduate programs for students and working professionals, along with professional development options for teachers. The company’s projected revenue for fiscal year 2018 is $70 million, according to a press release.
Learning House will be integrated with Wiley Education Services, which partners with 30 global institutions to deliver 2,000 online and on-campus courses. After the companies merge, their combined annual revenue is expected to be about $200 million, with 60 university partners and more than 800 online degree programs.
