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Cambridge Healthtech Institute Buys OpenHelix

NEW YORK (GenomeWeb) – Cambridge Healthtech Institute (CHI) has bought OpenHelix, a Bellevue, Wash.-based provider of online and onsite training on several open-access bioinformatics resources, for an undisclosed amount.

Under CHI's ownership, OpenHelix will be a division of Bio-IT World, a provider of news and opinion for the life sciences market. As part of the acquisition, Scott Lathe, CEO and co-founder of OpenHelix will become general manager of the OpenHelix unit, and Mary Mangan, president and co-founder of OpenHelix will become director, product and content of the OpenHelix unit.

The new addition to CHI brings "an extensive and solid audience in the academic research community, as well as the opportunity to extend to our existing audience a valuable training product line," Lisa Scimemi, Bio-IT World publisher, said in a statement.

Lathe added that "working with Bio-IT World will bring us the infrastructure, resources, and market reach we need to further grow our tutorials, subscriptions, and product offerings."

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