Boeing has reached an agreement
to sell significant parts of its
Digital Aviation Solutions business to
the software-focused private equity
firm Thoma Bravo for $10.55 billion.
The deal includes well-known digital
aviation assets such as Jeppesen,
ForeFlight, AerData, and OzRunways.
Boeing CEO Kelly Ortberg stated
that this strategic move would
allow the company to focus more
on its core areas of expertise while
strengthening its financial position.
Thoma Bravo, recognized for its
deep knowledge and expertise in the
technology and software sectors, will
ensure that Boeing’s digital assets
are efficiently managed. Following
the sale, Boeing will retain critical
digital capabilities, such as aircraft
and fleet data analytics, continuing its
maintenance, diagnostics, and repair
services. The transaction will affect
approximately 3,900 employees,
and is expected to be completed by
the end of 2025. This move aims to
streamline Boeing’s digital portfolio,
ensuring uninterrupted customer
support and enhancing operational
efficiency.