Hoboken, N.J. — Feb. 17
John Wiley & Sons Inc., announced it has acquired Inscape Holdings Inc., a provider of DiSC-based assessments and training products that develop interpersonal business skills.
Wiley paid $85 million to purchase all of the stock of Inscape, the majority of which was held by investment funds controlled by New York-based Sentinel Capital Partners. The acquisition will enable Wiley to capitalize on both companies’ content, assets and relationships, enhance its global reach, and move more aggressively into digital delivery to the growing workplace learning and assessment market, the company said.
“This acquisition offers a rare opportunity to bring together two respected, market-leading brands — Pfeiffer, Wiley’s global workplace learning brand, and Inscape — to create a powerful force in the growing workplace learning industry,” said Mark Allin, Wiley’s senior vice president, professional/trade.
As Inscape’s central product, the DiSC offerings are available in both digital and print versions. More than 1 million people use DiSC assessments in 30 languages each year. The majority of customers choose DiSC delivered through Inscape’s EPIC platform, which is optimized for efficient and customized product/feature creation and includes a proprietary process enabling rapid translations.
Source: WileyFiled under: Technology