The Merlot purchase marks the second large software acquisition for the Montreal-based flight-simulator maker since 2018, when it purchased aviation-training developer and publisher Pelesys. CAE is aiming to become a leader in digital flight-operations management. (The Logic)
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The Merlot purchase marks the second large software acquisition for the Montreal-based flight-simulator maker since 2018, when it purchased aviation-training developer and publisher Pelesys. CAE is aiming to become a leader in digital flight-operations management. (The Logic)
Talking point: Investors have been bullish on CAE recently. Four Quebec institutional investors bought roughly 5.8 million shares in the company between July and September—which has paid off, as CAE stock rebounded in November from a COVID-19-tinged second-quarter stumble and ensuing restructuring.
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