Business

Boeing Strikes a Massive $10.5B Deal with Thoma Bravo, Shaping the Future of Digital Aviation

Boeing's Strategic Move in Digital Aviation

In a landmark deal announced on Tuesday, The Boeing Company has agreed to sell portions of its Digital Aviation Solutions to Thoma Bravo LP for a staggering $10.55 billion. This move marks a significant shift in the aviation technology landscape.

What Boeing Retains

Boeing will continue to hold onto its core digital capabilities, focusing on aircraft and fleet-specific data to offer unparalleled maintenance, diagnostics, and repair services to its commercial and defense clients. These capabilities are crucial for providing predictive and prognostic maintenance insights, ensuring operational excellence.

Transaction Details

The transaction, which is set to be an all-cash deal, is expected to be finalized by the end of this year, paving the way for a new era in digital aviation solutions.