CorporateInvestorsHealthApril 15, 2016

Wolters Kluwer Health acquires adaptive learning technology supporting PrepU quizzing tool

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 (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

Contacts
Paul Lyon
Paul Lyon

Senior Director, External Communications: Global Branding & Communications

Wolters Kluwer
Meg Geldens
Meg Geldens
Vice President, Investor Relations
Investor Relations
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