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Boeing
has reached an agreement to acquire C-Map, a leading provider of digital maritime cartography, data services and other navigational
information. C-Map will become a part of Jeppesen's marine division. Jeppesen is a wholly-owned subsidiary of Boeing Commercial Aviation
Services.
"C-Map complements Jeppesen's strategic direction," said Mark Van Tine, Jeppesen president and chief operating officer. "It blends well with our
existing marine initiatives, and complements our long-standing competencies as an information solutions provider. Together with C-Map, Jeppesen
will extend to the marine market a broad range of competencies we have developed and executed upon over the last 72 years -- delivering
mission-critical operational information to people who depend on it."
C-Map has significant operations throughout Europe, Australasia and the Americas.
Completion of the transaction is subject to customary conditions and relevant authorities' approval.
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