NEWS
07/27/2015 10:34 EDT | Updated 07/27/2016 01:12 EDT

Simulator firm CAE sells mining software business to Constellation Software

MONTREAL — Training and simulator company CAE Inc. (TSX:CAE) has signed a deal to sell its mining software business to Constellation Software Inc. (TSX:CSU).

Financial terms of the deal were not immediately available.

CAE's Datamine business offers technology and services used to plan and manage mining operations.

It will operate within Constellation's Vela Software division.

CAE is best known for its flight simulators, which are used for training pilots around the world.

The Canadian Press