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Boeing Completes Acquisition of Inmedius

• Software provider to be integrated into Boeing subsidiary Continental DataGraphics (CDG)

Boeing (NYSE: BA) today announced that it has completed the acquisition of Inmedius, a provider of software applications and services for managing and sharing information and learning content. Terms of the transaction, announced on April 26, were not disclosed.

Inmedius will be integrated into Continental DataGraphics (CDG), a subsidiary of Boeing Commercial Aviation Services. Inmedius President and CEO Gary L. Schaffer will continue to lead the business, reporting to CDG President and CEO David Malmo.

Inmedius has approximately 75 employees and is headquartered in Pittsburgh, Pa., with offices in the United Kingdom and India.  Headquartered in Long Beach, Ca., CDG has more than 1,200 employees worldwide, with offices in multiple locations across the U.S., United Kingdom and India.

Source : The Boeing Company (NYSE: BA)

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Published on ASDNews: May 10, 2012