Boeing has entered into a definitive agreement to sell portions of its Digital Aviation Solutions business to Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at $10.55 billion. The deal includes Jeppesen, ForeFlight, AerData, and OzRunways assets, allowing Boeing to focus on its core aircraft and fleet operations.
Key Highlights:
✅ Strategic Sale: Boeing is divesting non-core digital assets, reinforcing its focus on aircraft manufacturing and fleet services.
✅ Thoma Bravo’s Investment: The firm will acquire Jeppesen, ForeFlight, AerData, and OzRunways, expanding its aviation technology portfolio.
✅ Operational Continuity: Boeing will retain core digital capabilities, ensuring predictive maintenance and fleet diagnostics for commercial and defense customers.
✅ Market Impact: The sale strengthens Boeing’s capital structure, supporting long-term financial stability.
✅ Future Outlook: The transaction is expected to close by the end of 2025, pending regulatory approvals and customary closing conditions.
With this landmark deal, Boeing is streamlining its operations, while Thoma Bravo expands its footprint in aviation technology.
Source: Boeing, Investing.com, Channel News Asia