CAE Adds Medical Simulator Co. METI For $130M
Adding METI's global reach to CAE Healthcare will expand its capabilities in the market for simulation-based technology for health care worldwide, the parent company said. The deal is expected to add CA$120 million (US$121 million) in annual revenues to Saint-Laurent, Quebec-based CAE, and to be profitable by fiscal 2013, it said.
“The acquisition of METI is an important step in the advancement of our...
To view the full article, register now.