Boeing to sell Jeppesen navigation unit to Thoma Bravo for $10.6 billion

Boeing to Sell Parts of Digital Aviation Solutions Portfolio for $10.55 billion

Beleaguered aerospace giant Boeing announced today that it plans to sell off elements of its digital aviation solutions business to Thoma Bravo, a software-focused private equity firm, in a deal valued at $10.55 billion. The all-cash transaction would hand over Boeing’s digital flight planning tools used by commercial and defense customers, including Jeppesen, ForeFlight, AerData and OzRunways. As part of the agreement, “Boeing will retain core …

Boeing Stock Surges On Q1 Results, Plus $10.6 Billion Deal

Boeing stock climbs earnings beat as operational performance improves. Dow Jones jet maker strikes deal for navigation business. The post Boeing Stock Surges On Q1 Results, Plus $10.6 Billion Deal appeared first on Investor's Business Daily.

Boeing offloads some software businesses to Thoma Bravo

: Ten billion bucks coming in for a soft landing, customers may be about to experience a bumpy ride

Thoma Bravo buying Boeing digital businesses for $10.6 billion

The sale complements Boeing's plan to concentrate on its core business of building airplanes.

Boeing [NYSE: BA] has signed a definitive agreement to sell portions of its Digital Aviation Solutions business, including its Jeppesen, ForeFlight, AerData, and OzRunways assets, to Thoma Bravo, a leading software investment firm. This transaction, which…

Boeing to sell elements of digital aviation solutions business for $10.55 billion

Aerospace giant Boeing today announced an agreement to sell off parts of its digital aviation solutions business to the software-focused private equity firm Thoma Bravo for $10.55 billion. The all-cash transaction includes digital tools that pilots and maintainers often use to manage checklists, engage with briefings or navigation and conduct other necessary flight-planning steps. The assets being sold to Thoma Bravo include Jeppesen, ForeFlight…