Tuition.io Acquires Wiley's Tuition Manager Business; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
Education assistance benefits provider Tuition.io has acquired Wiley's Tuition Manager business, a platform that enables employers to offer tuition assistance benefits to their employees. The financial terms of the deal were not disclosed. The acquisition is expected to strengthen Tuition.io's position in the market and expand its suite of services.
July 06, 2023 | 2:31 pm
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NEUTRAL IMPACT
Wiley has sold its Tuition Manager business to Tuition.io. The financial terms of the deal were not disclosed. This could potentially impact Wiley's revenues and business focus.
The sale of Wiley's Tuition Manager business to Tuition.io could potentially impact Wiley's revenues, depending on the financial terms of the deal, which were not disclosed. It could also signal a shift in Wiley's business focus. However, without more information on the financial terms and Wiley's future plans, the impact is uncertain.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100