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Horizon Technical Services has sold its Microsoft and Novell training business via an MBO. Simon Derry headed the buyout for newly formed company Knowledge Matters on March 8. He is MD of the Milton-Keynes-based business, which will trade as training-bridge.com. Derry said the move provided a "fantastic opportunity" for him, and had the full support of Horizon, which wanted to offload the business to concentrate on its Internet ventures. Training-bridge.com has ten staff, also shareholders in the venture, and it also offers courses from other vendors, including HP and Cisco. Horizon Technical Services is left with just its Cisco-training business. Derry previously led the business when it was Ingram Micro's Education division. It was sold to Horizon in August 1998.®

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