John Wiley & Sons, Inc. (NYSE:JW-A) (NYSE:JW-B), a global leader in research and education, acquired mthree, a London, UK-based education services provider, from ECI Partners LLP.

Under the terms of the agreement, mthree shareholders received approximately $129 million (£98 million) in cash at January 1 closing.

With Gartner reporting a global IT spend of $3.7 trillion, technology is among the most in-demand disciplines for students, professionals, universities and corporations.

The addition of mthree to Wiley’s Education Services portfolio enhances Wiley’s commitment to delivering high-quality education content, platforms and services that target high-demand careers and disciplines.

mthree also works with its clients to retrain and retain existing employees so they can continue to meet the changing demands of today’s technology landscape. | To read full story, visit https://startuparound.com/read/1578349810.7522595/John-Wiley-&-Sons-Buys-mthree,-for-Approx.-$129M?ref=audio_experience