Boeing Acquires CPU Tech's Microprocessor Business
- Acalis microprocessors provide critical security for global aerospace and
- Acquisition increases Boeing's vertical depth to further differentiate its
platforms and services in growing global market
ST. LOUIS, Feb. 22, 2013
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
Acalis will be integrated into Boeing Military Aircraft's Global Strike
division. The Acalis business employs approximately 40 people and is based in
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
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
Boeing Defense, Space & Security
Boeing Defense, Space & Security
SOURCE Boeing Defense, Space & Security
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