In a strategic move to enhance access to high-quality, affordable online education, Academic Partnerships (AP) has officially announced its acquisition of Wiley University Services, a business line under Wiley. This transformative acquisition positions the combined company to support over 125 colleges and universities across 40 U.S. states and internationally, aiming to meet the growing demand for workforce-relevant online degree programs.
The united entity will leverage its resources and expertise to provide best-in-class services to university partners and their students, including working adults and professionals.
AP specializes in assisting regional public universities in launching and sustaining online programs, with a commitment to expanding access to high-quality, affordable, and workforce-relevant education. On the other hand, Wiley University Services collaborates with institutions to offer career-connected education programs designed to help students achieve their goals.
Strategic benefits for university partners and students: Expansion of High-Demand Programs: The combined company will offer additional resources to support and scale affordable online degree programs in critical fields such as nursing, teaching, business, technology, and public administration; Technology and Infrastructure Enhancement: An improved infrastructure and technology will be in place to cater to a diverse student population, including working adults, from enrollment through graduation; Network Opportunities: University partners can expect enhanced opportunities within the collaborative network, fostering further growth and collaboration; and Advanced Technology and Support Services: Leveraging best practices from the combined company, advanced technology and support services will be provided to ensure a seamless educational experience.
The transaction is anticipated to conclude by early 2024, pending regulatory approvals and the fulfillment of customary closing conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act. This acquisition marks a significant step forward in the evolution of both organizations, creating a powerhouse in online education.
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