Jul. 27, 2015, 7:49 AM
- Constellation Software (OTCPK:CNSWF) has acquired CAE's (NYSE:CAE) mining division, known as Datamine, which will operate within the former's Vela Software Division.
- "We decided to sell our mining business in order to concentrate our capital investment...on our three core markets: civil aviation, defense and security, and healthcare," CAE Chief Executive Marc Parent said.
- CAE has been reporting mining income and expenses as discontinued operations for the past year.
Jan. 26, 2015, 11:11 AM
CAE, Inc. engages in the provision of simulation and modeling technologies and training services to the civil aviation, defense, healthcare, and mining markets. It operates through the following segments: Civil Aviation Training Solutions, Defence and Security, and Healthcare. The Civil... More
Sector: Industrial Goods
Industry: Aerospace/Defense Products & Services