CAE Healthcare acquires METI

CAE Healthcare, a division of CAE, and Medical Education Technologies, Inc. (METI), a worldwide leader in medical simulation technologies and educational software, today (8/24/11) announced that CAE Healthcare has acquired METI for US$130 million. With this acquisition, CAE Healthcare gains important global market access, significantly expands its product and services offering and becomes a leader in simulation-based technology for healthcare. CAE Healthcare acquired 100% of the shares of METI, whose main operations are located in a state-of-the-art 76,000 square foot facility in Sarasota, Florida, USA, as well as in Hungary and Germany.  Read the full story here.