Wolters Kluwer Health Acquires Adaptive Learning Technology Supporting PrepU Quizzing Tool
April 15 2016 - 12:00PM
April 15, 2016 - Wolters Kluwer Health announced today that it has acquired
the adaptive learning technology that powers the PrepU quizzing
tool for nursing education. The technology acquisition will allow
Wolters Kluwer Health Learning, Research & Practice to build on
its existing PrepU solution and further innovate this pioneering
technology for its nursing education product suite, including
licensure exam preparation for nurses in the U.S. and
Canada.
Since 2010, Wolters Kluwer Health has licensed the
technology platform from Macmillan Learning and worked together
with the Macmillan team to enhance the PrepU solution, which is
embedded with Wolters Kluwer's expert-written Lippincott question
content, to provide nurse educators and students with a robust,
personalized digital education solution. Today, more than 700
million questions have been answered in the PrepU solution
assisting students with their exam preparation for professional
licensure.
Three Macmillan Learning employees comprising the
PrepU technology team will also join the Wolters Kluwer Health
office in New York, NY.
The transaction is expected to have a positive but
immaterial impact on adjusted EPS, while generating a return on
investment above Wolters Kluwer's cost of capital within 3 to 5
years.
"Nursing education is undergoing a transformation
with a focus to improve clinical reasoning skills that better
prepare students for practice," said Diana Nole, CEO, Wolters
Kluwer Health. "We're excited to welcome the PrepU technology team
and continue to innovate and lead the adaptive learning nursing
market with customized, multi-channel solutions tailored to meet
the needs of today's students and educators."
About Wolters
Kluwer
Wolters Kluwer N.V. (AEX: WKL) is a global leader in professional
information services and solutions for professionals in the health,
tax and accounting, risk and compliance, finance and legal sectors.
We help our customers make critical decisions every day by
providing expert solutions that combine deep domain knowledge with
specialized technology and services.
Wolters Kluwer reported 2015 annual revenues of
€4.2 billion. The company, headquartered in Alphen aan den Rijn,
the Netherlands, serves customers in over 180 countries, maintains
operations in over 40 countries, and employs 19,000 people
worldwide.
Wolters Kluwer shares are listed on Euronext
Amsterdam (WKL) and are included in the AEX and Euronext 100
indices. Wolters Kluwer has a sponsored Level 1 American Depositary
Receipt program. The ADRs are traded on the over-the-counter market
in the U.S. (WTKWY).
Wolters Kluwer Health is a leading global provider
of information and point of care solutions for the healthcare
industry.
For more information about our solutions and
organization, visit www.wolterskluwer.com, follow us on Twitter,
Facebook, LinkedIn, and YouTube.
Media |
|
Investors/Analysts |
Connie
Hughes |
Annemarije Pikaar |
Meg
Geldens |
Director, Corporate Communications |
Corporate Communications |
Investor Relations |
Wolters
Kluwer Health LRP |
|
|
+1 (646)
674-6348 |
t + 31
(0)172 641 470 |
t + 31
(0)172 641 407 |
connie.hughes@wolterskluwer.com |
info@wolterskluwer.com |
ir@wolterskluwer.com |
Forward-looking
Statements
This press release contains forward-looking
statements. These statements may be identified by words such as
"expect", "should", "could", "shall" and similar expressions.
Wolters Kluwer cautions that such forward-looking statements are
qualified by certain risks and uncertainties that could cause
actual results and events to differ materially from what is
contemplated by the forward-looking statements. Factors which could
cause actual results to differ from these forward-looking
statements may include, without limitation, general economic
conditions; conditions in the markets in which Wolters Kluwer is
engaged; behavior of customers, suppliers, and competitors;
technological developments; the implementation and execution of new
ICT systems or outsourcing; and legal, tax, and regulatory rules
affecting Wolters Kluwer's businesses, as well as risks related to
mergers, acquisitions, and divestments. In addition, financial
risks such as currency movements, interest rate fluctuations,
liquidity, and credit risks could influence future results. The
foregoing list of factors should not be construed as exhaustive.
Wolters Kluwer disclaims any intention or obligation to publicly
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
PDF version of Press
Release
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Wolters Kluwer NV via Globenewswire
HUG#2004112
Wilsons Leather Experts (NASDAQ:WLSN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Wilsons Leather Experts (NASDAQ:WLSN)
Historical Stock Chart
From Jul 2023 to Jul 2024