Quick Take
John Wiley & Sons (JW.A) has announced a deal to acquire Zyante for $56 million.
Zyante has developed computer science and STEM (Science, Technolgy, Engineering, and Mathematics) courseware for education environments.
With the deal, JW.A is seeking to bolster its offerings in the fast-growing technical education fields.
Target Company
Los Gatos, California-based Zyante was founded in 2012 to develop a platform it calls zyBooks that improves learning engagement through a hands-on approach that frees up instructors to spend more time teaching.
Management is headed by co-founder and CEO Smita Bakshi, who