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2021: Purchase of Sabre AirCentre Flight Management Software Business for $392.5 Million
On October 28, 2021, Sabre announced the sale of the Sabre AirCentre flight control software development unit to CAE for $392.5 million. The perimeter of the transaction included the Sabre AirCentre portfolio of products, relevant technologies and intellectual property, as well as a team of AirCentre specialists. Completion of the transaction is expected in the first quarter of 2022 and depends on compliance with normal conditions and regulatory approval. More details here.
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