Boeing to Sell Portions of Digital Aviation Solutions to Thoma Bravo for $10.55 Billion
- Agreement includes principles for data sharing and future collaborations to ensure continuity of operations under Thoma Bravo's ownership - Sale strengthens Boeing's capital structure and allows company to focus on core business, including key continued technical operations Boeing [NYSE: BA] has entered into 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 all-cash transaction is valued at $10.55 billion. Boeing will retain core digital capabilities that harness both aircraft and fleet-specific data to provide commercial and defense customers with fleet maintenance, diagnostics and repair services. This digital expertise will continue to provide predictive and prognostic maintenance insights. "This transaction is an important component of our strategy to focus on core businesses, supplement the balance sheet and
