Boeing completes C-Map acquisition

by IBI Magazine on 1 Feb 2007 The Boeing Company has announced the conclusion of its purchase of C-Map, a leading provider of digital maritime cartography, data services and other navigational information.

C-Map will become a part of Jeppesen's marine division. Jeppesen is a wholly owned subsidiary of Boeing Commercial Aviation Services.

'We are excited to welcome the employees of C-Map to Boeing and Jeppesen,' said Lou Mancini, vice president and general manager of Boeing Commercial Aviation Services. 'C-Map supports Boeing's strategy of providing its customers with innovative products and services to help them operate their businesses more efficiently.'

'Jeppesen's reputation for excellence is a direct result of delivering very high quality, essential navigational and operational information to customers around the world for the last 73 years,' said Mark Van Tine, Jeppesen president and COO.

'With the acquisition of C-Map, Jeppesen has the opportunity to establish a new standard of information solutions in the maritime industry. We bring exciting new capabilities and technology to the marine markets that have made aviation safer and more efficient,' he added.

C-Map has significant operations in Italy, the UK, Norway, Poland, Russia, Ukraine, Australia and the US.

The Boeing Company initially reached an agreement to buy C-Map in August of last year. The companies are not disclosing terms of the transaction, which will not impact Boeing's financial guidance.