Boeing Buys AeroInfo Systems
Sep. 05, 2000
SEATTLE (AP) _ The Boeing Co., as part of its expansion into computerized maintenance services, announced Tuesday that it has acquired Canadian software company AeroInfo Systems Inc.
AeroInfo Systems makes software to aid in aircraft maintenance, especially in planning, scheduling and tracking individual aircraft maintenance requirements over the Internet.
``Airline customers have asked us to provide them with a total maintenance planning solution that covers their entire fleets, no matter what type of airplane they operate,'' said Brad Cvetovich, vice president and general manager of Boeing Customer Support. ``Acquiring AeroInfo's intellectual capital and technology will allow Boeing to enter this market two years faster than if we were to develop a similar maintenance planning product on our own.''
Boeing would not say how much it paid to acquire AeroInfo, a privately-held 14-person firm based in Richmond, British Columbia.
Last month, Boeing also announced its intention to acquire maintenance information services provider Continental Graphics Inc., and flight information services provider Jeppesen Sanderson Inc.