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Boeing Acquires CPU Tech's Microprocessor Business
- Acalis microprocessors provide critical security for global aerospace and defense customers
- Acquisition increases Boeing's vertical depth to further differentiate its platforms and services in growing global market
ST. LOUIS, Feb. 22, 2013 /PRNewswire/ -- Boeing [NYSE: BA] today continued to address its global customers' enduring need to protect warfighters from information-assurance attacks by acquiring CPU Technology Inc.'s Acalis business. Acalis microprocessors contain unique hardware and software that can guard mission-critical onboard systems in Boeing platforms.
"Acalis provides security-on-a-chip that can help defend the manned and unmanned aircraft we build at Boeing today and in the future for customers around the world," said Chris Chadwick, president of Boeing Military Aircraft. "With these processors onboard, warfighters can complete their missions and not be sidelined by malware, cloning and other cyber threats against the aircraft's systems."
Acalis will be integrated into Boeing Military Aircraft's Global Strike division. The Acalis business employs approximately 40 people and is based in Pleasanton, Calif.
Acquiring Acalis continues the company's strategy of increasing Boeing's vertical depth to better differentiate its offerings and provide long-term value for its global aerospace and defense customers.
CPU Technology was privately held and the terms of the transaction were not disclosed.
A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $33 billion business with 60,000 employees worldwide. Follow us on Twitter: @BoeingDefense.
Forward-Looking Information Is Subject to Risk and Uncertainty
Certain statements in this release
may be "forward-looking" within
the meaning of the Private
Securities Litigation Reform Act of
1995, including statements
regarding benefits and synergies of
the transaction, as well as any
other statement that does not
directly relate to any historical
or current fact. Forward-looking
statements are based on current
assumptions about future events
that may not prove to be accurate.
These statements are not guarantees
and are subject to risks,
uncertainties and changes in
circumstances that are difficult to
predict. Many factors could cause
actual results to differ materially
from these forward-looking
statements. As a result, these
statements speak only as of the
date they are made and we undertake
no obligation to update or revise
any forward-looking statement,
except as required by law. Specific
factors that could cause actual
results to differ materially from
these forward-looking statements
include the effect of global
economic conditions, our ability to
successfully integrate CPU Tech's
business and realize anticipated
synergies, and other important
factors disclosed previously and
from time to time in our filings
with the Securities and Exchange
Commission.
------------------------------------
Contact:
David Sidman
Boeing Defense, Space & Security
Office: 314-232-1980
Mobile: 314-409-6725
david.sidman@boeing.com
Steve Little
Global Strike
Boeing Defense, Space & Security
Office: 314-233-5952
stephen.l.little@boeing.com
SOURCE Boeing Defense, Space & Security
Boeing Defense, Space & Security
Boeing Acquires CPU Tech's Microprocessor Business
- Acalis microprocessors provide critical security for global aerospace and defense customers
- Acquisition increases Boeing's vertical depth to further differentiate its platforms and services in growing global market
ST. LOUIS, Feb. 22, 2013 /PRNewswire/ -- Boeing [NYSE: BA] today continued to address its global customers' enduring need to protect warfighters from information-assurance attacks by acquiring CPU Technology Inc.'s Acalis business. Acalis microprocessors contain unique hardware and software that can guard mission-critical onboard systems in Boeing platforms.
"Acalis provides security-on-a-chip that can help defend the manned and unmanned aircraft we build at Boeing today and in the future for customers around the world," said Chris Chadwick, president of Boeing Military Aircraft. "With these processors onboard, warfighters can complete their missions and not be sidelined by malware, cloning and other cyber threats against the aircraft's systems."
Acalis will be integrated into Boeing Military Aircraft's Global Strike division. The Acalis business employs approximately 40 people and is based in Pleasanton, Calif.
Acquiring Acalis continues the company's strategy of increasing Boeing's vertical depth to better differentiate its offerings and provide long-term value for its global aerospace and defense customers.
CPU Technology was privately held and the terms of the transaction were not disclosed.
A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $33 billion business with 60,000 employees worldwide. Follow us on Twitter: @BoeingDefense.
Forward-Looking Information Is Subject to Risk and Uncertainty
Certain statements in this release
may be "forward-looking" within
the meaning of the Private
Securities Litigation Reform Act of
1995, including statements
regarding benefits and synergies of
the transaction, as well as any
other statement that does not
directly relate to any historical
or current fact. Forward-looking
statements are based on current
assumptions about future events
that may not prove to be accurate.
These statements are not guarantees
and are subject to risks,
uncertainties and changes in
circumstances that are difficult to
predict. Many factors could cause
actual results to differ materially
from these forward-looking
statements. As a result, these
statements speak only as of the
date they are made and we undertake
no obligation to update or revise
any forward-looking statement,
except as required by law. Specific
factors that could cause actual
results to differ materially from
these forward-looking statements
include the effect of global
economic conditions, our ability to
successfully integrate CPU Tech's
business and realize anticipated
synergies, and other important
factors disclosed previously and
from time to time in our filings
with the Securities and Exchange
Commission.
------------------------------------
Contact:
David Sidman
Boeing Defense, Space & Security
Office: 314-232-1980
Mobile: 314-409-6725
david.sidman@boeing.com
Steve Little
Global Strike
Boeing Defense, Space & Security
Office: 314-233-5952
stephen.l.little@boeing.com
SOURCE Boeing Defense, Space & Security
Boeing Defense, Space & Security