Boeing Company Acquiring Inmedius to Enhance Information Services Capabilities

Today, Inmedius®, Inc., a provider of software applications and services for managing and sharing information and learning content, announced that it has signed an agreement with Boeing to acquire the company. Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems.

Headquartered in Pittsburgh, PA, with offices throughout the United States and in the United Kingdom and India, Inmedius is a global leader in delivering innovative, performance-oriented applications and services that capture, create, manage and deploy information and learning assets. Our customers, and their clients, are enabled to share an unprecedented level of productivity and efficiency. In addition to program services, Inmedius provides Content Management, S1000D, ATA, DITA, and Learning Management lifecycle solutions for publishing, aerospace, defense, government, manufacturing, and health care organizations, worldwide.

Inmedius products, services and staff will be integrated into the Boeing subsidiary, Continental Data Graphics (CDG).  The company’s acquisition contributes to Boeing’s Digital Airline strategy of helping customers use information, airplane technology and industry-first solutions to make the most well-informed decisions possible for maximizing efficiency, profitability and environmental performance. Gary L. Schaffer, Inmedius President and CEO will continue to lead the business, reporting to CDG President and CEO David Malmo.

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"Inmedius has impressive technical capabilities, backed by an outstanding culture of innovation and entrepreneurial drive to develop the right solutions for its customers," stated Malmo. "CDG has worked with Inmedius for a number of years in the S1000D technical publications standards community. We believe its team and products will be strong complements to our capabilities in technical authoring, eLearning, and software development, which will ultimately drive enhanced solutions for our customers.”

The acquisition will enable Boeing to offer an expanded portfolio of technical services and solutions for aerospace, defense and manufacturing markets. Inmedius solutions will also bring new efficiencies to technical content management across Boeing’s commercial and defense programs.

Per Norén, Vice President of Commercial Aviation Information Services, added, “Boeing is committed to making customers more successful by helping them connect their data and transform it into actionable, real-time information. The addition of Inmedius will bring a superb group of staff and a fresh, forward-thinking perspective to how we approach the development of truly innovative solutions for our clients.”

“We are pleased by the high value Boeing attributes to Inmedius products and personnel, and look forward to joining the CDG team and the opportunities ahead of us,” enthused Schaffer. “With the acquisition, Inmedius will enjoy unprecedented and expanded access to resources for customer support, engineering and new product development.  This, combined with long term financial stability and a broader global reach, will facilitate outstanding offerings to meet the needs of our clients.” 

Inmedius is privately held and the terms of the transaction are not being disclosed. The transaction is expected to be completed during the second quarter of 2012.

Source: Inmedius
Date: Apr 26, 2012