Wolters Kluwer Health Acquires Adaptive Learning Technology Supporting PrepU Quizzing Tool
(Thomson Reuters ONE) -
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(at)wolterskluwer.com info(at)wolterskluwer.com ir(at)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:
http://hugin.info/130682/R/2004112/739896.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wolters Kluwer NV via GlobeNewswire
[HUG#2004112]
Unternehmensinformation / Kurzprofil:
Datum: 15.04.2016 - 18:01 Uhr
Sprache: Deutsch
News-ID 464372
Anzahl Zeichen: 5872
contact information:
Town:
Alphen aan den Rijn
Kategorie:
Business News
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