On February 1, 2011, CAE USA Inc., a wholly owned subsidiary of CAE Inc. (“CAE”), acquired RTI International's (“RTI”) Technology Assisted Learning (“TAL”) business unit. The value of the transaction was not disclosed.
Formed as a separate business unit within RTI, TAL has provided maintenance trainers for the US Army's ground vehicles since the early 1990s. TAL designs, manufactures and delivers full-scale, high-fidelity maintenance trainers as well as virtual desktop trainers for a range of variants of the Bradley Fighting Vehicle, Abrams tanks and the High Mobility Artillery Rocket System (HIMARS).
RTI is a leading independent, nonprofit research and development organization. It provides innovative research and technical services to governments and businesses worldwide in the fields of health and pharmaceuticals, education and training, surveys and statistics, advanced technology, international development, economic and social policy, energy and the environment and laboratory and chemistry services.
Learn more about the process on how to register a non-profit organization in Canada with this article.
Headquartered in Montréal, CAE provides simulation and training solutions to civil and military clients around the world. The company has more than $1.5 billion in annual sales and employs more than 7,500 people at more than 100 sites and training locations in more than 20 countries.
CAE was represented internally by Hartland Paterson, Vice-President, Legal, General Counsel and Corporate Secretary of CAE, David Allmand, Secretary of CAE USA, and by Holland & Knight LLP with a team comprising François Janson (corporate); Ronald Oleynik (industrial security); Jocelyn Brittin (intellectual property); Joe Hornyak (government contracts) and Mark Stone (tax).
RTI was represented by Hutchison Law Group with a team comprising Scott Merrell (corporate and government contracts) and Justyn Kasierski (corporate).
