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PCS Edventures of Boise to buy LabMentors

PCS Edventures signed a letter of intent to acquire LabMentors, a Canadian company that sells computer-based labs to the university and professional education market.

LabMentors reports it has delivered more than 500,000 lab exercises this year. Terms of the pending acquisition were not disclosed.

"Together, our two companies will have significantly greater opportunity to grow into new markets," said Joseph Khoury, president of LabMentors.

Full Story: http://www.idahostatesman.com/apps/pbcs.dll/article?AID=/20050813/NEWS02/508130303/1029

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