Boeing announced Monday that it has sold off parts of its digital aviation solutions business.
Assets including Jeppesen, ForeFlight, AerData, and OzRunways were transferred to Chicago-based software investment firm Thoma Bravo for $10.5 billion in cash. The transaction will strengthen Boeing’s capital structure, company officials said, while also allowing the manufacturing giant to “focus on core business,” including the retained parts of its digital services portfolio.
