Boeing has announced an agreement to sell portions of its Digital Aviation Solutions business to Thoma Bravo for $10.55 billion in an all-cash transaction. The announcement was made in a press release.
The release states that Boeing has entered into a definitive agreement to sell a substantial portion of its Digital Aviation Solutions business to Thoma Bravo, a leading software investment firm, for $10.55 billion in cash. The transaction includes globally recognized aviation tech brands Jeppesen, ForeFlight, AerData, and OzRunways, which serve thousands of commercial and private aviation customers. Boeing said that the divestiture will allow it to focus more on core manufacturing operations and simplify its portfolio.
According to The Wall Street Journal, Jeppesen—acquired by Boeing in 2000—is considered one of the most valuable assets in the deal and has long provided navigation and flight planning tools for commercial airlines and private pilots. The sale also includes ForeFlight, an app-based navigation and weather solution widely used by general aviation pilots in North America. The WSJ reported that the deal reflects Boeing’s broader strategy to reduce its exposure to non-core digital services and strengthen its balance sheet after years of financial pressure.
As reported by Aviation Week, the decision to offload digital aviation assets comes at a time when Boeing is actively addressing operational and safety challenges following a series of high-profile incidents. The January 2024 Alaska Airlines 737 Max 9 door panel blowout triggered a wave of regulatory scrutiny and manufacturing audits. Aviation Week noted that Boeing plans to use proceeds from the Thoma Bravo transaction to reinforce cash flow and invest in production improvements.
Boeing was founded in 1916 and is headquartered in Arlington, Virginia. The company is a major provider of commercial jetliners, military aircraft, satellites, and space exploration systems, with operations in more than 150 countries. Boeing employs approximately 140,000 people worldwide and continues to prioritize innovation, safety, and global partnerships as key elements of its mission.
