SEATTLE – The Boeing Company (NYSE: BA) has reached an agreement to acquire C-Map, a provider of digital maritime cartography, data services and other navigational information, the company reported in a statement Friday. Terms of the transaction are not being disclosed.
C-Map will become a part of Jeppesen's marine division, a wholly-owned subsidiary of Boeing Commercial Aviation Services.
"C-Map's broad portfolio of cartography and data services, along with its key relationships with hydrographic offices, OEMs and customers, will accelerate Jeppesen's expansion in the marine information services market," said Lou Mancini, vice president and general manager of Commercial Aviation Services.
"C-Map complements Jeppesen's strategic direction," said Mark Van Tine, Jeppesen president and chief operating officer. "It blends well with our existing marine initiatives, and complements our long-standing competencies as an information solutions provider. Together with C-Map, Jeppesen will extend to the marine market a broad range of competencies we have developed and executed upon over the last 72 years – delivering mission-critical operational information to people who depend on it."
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