• Skip to main content
  • Skip to primary sidebar
  • Login
  • Register

Publishers Lunch

The Publishing Industry's Daily Essential Read

  • Publishers Marketplace
  • Site Guide
  • Help

Corporate: Wiley Buys Zyante for $56 Million, Lightning Source Expands, John Oliver On Amazon’s Warehouses

July 1, 2019
By Michael Cader

Wiley announced they are acquiring Zyante, a provider of computer science and STEM education courseware, for $56 million in cash. Founded in 2012, Zyante’s zyBooks platform has served over 500,000 students across 500 institutions. The company was expecting sales of $14 million in 2019, which would be a 37% increase over 2018 (or sales of about $10.2 million). Wiley says the new platform “will become an essential component of Wiley’s differentiated digital learning experience” and along with  and, when combined with their May acquisition of Knewton “will power lower-cost, higher-impact education across Wiley’s education business.”

Separately, the Tennessee governor’s office announced that their Department of Economic and Community Development is supporting Ingram’s Lightning Source — which will invest $22 million to create an additional print-on-demand facility in Jackson, TN. That POD operation will operate alongside the distribution center Ingram acquired from Perseus in 2016. The state says the new plant will add 150 jobs over the next three years.

Sunday’s Last Week Tonight with John Oliver spotlighted the misery of working in Amazon warehouses: “We used to have to drive to stores to buy things. Now those things are brought directly to us, and they’re somehow cheaper. The didn’t just happen with a clever algorithm. It created a system that squeezes the people lowest on the ladder, hard.”

Filed Under: Finance, Free

sidebar

Primary Free Sidebar

Login


Forgot password
Quick Pass users click here to log in
Get Full Access
The publishing industry's essential daily read

Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges.

Learn More

RSS Automat

  • Jordan Peterson Suspended on Twitter for "Hateful Conduct" In Comment About Elliot Page July 1, 2022 NY Post
  • Rushdie Will Move From Random House to Knopf for Next Novel, in 2023 (Update: The Bookseller Reported This Incorrectly) June 30, 2022 Bookseller
  • Macmillan Cyber Attack Gets National Coverage; Retailers Don't Mind, But It Still Hurts Authors and the Company June 30, 2022 WSJ
  • Wattpad Is Buying Exclusivity to Some of their Most Popular Authors and Stories with Stipends of Up to $25,000 June 30, 2022 Press Release
  • Supreme Court Declines to Review or Revise Landmark NYT v. Sullivan Libel Standard, Despite Clarence Thomas's Objection June 27, 2022 CNN
  • So Far, Books by Trump Aides Are Mostly...Losers June 23, 2022 Politico
  • Macmillan Nigeria Publisher Charged With Book Fraud June 21, 2022 The Herald
  • All The Exiting Agents Seem to Think ICM's Sale to CAA Will Get Approved Shortly by DOJ June 17, 2022 Deadline
  • Spotify Closes Findaway Acquisition: "Their technology will help propel Spotify into the rapidly growing audiobooks industry" June 17, 2022 Press Release
  • Australian Author John Hughes "Unintentionally" Plagiarized The Great Gatsby And Other Famous Works In His New Novel June 15, 2022 The Guardian
© 2022 Publishers Lunch. All Rights Reserved.