SEATTLE, May 1 (UPI) -- Boeing is acquiring U.S. software company Inmedius, expanding its portfolio of technical services and solutions for aerospace, defense and manufacturing.
Inmedius, which specializes in software applications and services for managing and sharing information and learning, is privately held and the terms of the transaction weren't disclosed. The transaction is expected to close in the second quarter of this year.
Inmedius will be integrated into Boeing's subsidiary, Continental DataGraphics, in support of Boeing's digital airline.
"Inmedius has impressive technical capabilities, backed by an outstanding culture of innovation and entrepreneurial drive to develop the right solutions for its customers," said Continental DataGraphics CDG President and Chie Executive Officer David 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."
|Additional Security Industry Stories|
ERBIL, Iraq, June 19 (UPI) --Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region that increasingly operates as a de facto independent state and France's Total buying a majority stake in another.
SAO JOSE DOS CAMPOS, Brazil, June 19 (UPI) --Brazilian aircraft maker Embraer hopes to continue building up its sales of private jets at the same time as it expands capacity in defense, security and tactical transport.