Corporate Report: Sept. 2

Canadian simulation company buys Medical Education Technologies
CAE Healthcare, a division of Saint-Laurent, Quebec City-based CAE, has acquired Sarasota-based Medical Education Technologies Inc. for $130 million.

CAE Healthcare touted that the deal offers it global market access, significantly expands its product and services offering and makes it one of the top providers of simulation technology to the healthcare industry.

The Canadian firm acquired all the shares of METI, whose main operations are located in a 76,000-square-foot Sarasota building as well as in Hungary and Germany.