Boeing said on Tuesday it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.

Chicago private-equity firm Thoma Bravo is spending $10.55 billion in cash to buy several digital aviation assets from Boeing, including Jeppesen, a well-known maker of maps and navigation charts.

Buyout firm Thoma Bravo is in advanced talks to acquire Boeing's (NYSE:BA) Jeppesen navigation unit, with final bids valuing the unit at more than $8B and an announcement expected later this week ...

The planned sale of Jeppesen is part of CEO Kelly Ortberg's strategy to streamline Boeing's operations and reduce its debt ...

Orlando Bravo’s second-biggest deal ever started with him writing a letter. Last year, the co-founder of private equity firm ...

said it would sell four businesses from a digital unit to Thoma Bravo, a private equity firm specializing in software. Those include Jeppesen, which provides navigational charts and information to ...

The deal involving the Jeppesen business also includes Boeing’s ForeFlight, AerData and OzRunways subsidiaries, according to a statement Tuesday confirming a Bloomberg News report. Under the ownership ...

Under the ownership of Thoma Bravo, Boeing will continue to capture data needed for maintenance, repair and diagnostics services. Jeppesen, which provides interactive flight plans, is profitable ...

NEW YORK (Reuters) -Boeing said on Tuesday it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.