The Boeing Company acquired Jeppesen Sanderson, Inc. for $1,524 million in cash, a transaction completed in October 2000, structured as Cash; accounted for as a purchase.
Jeppesen Sanderson, Inc. operates in Commercial Airplanes, is based in Englewood, Colorado (Jeppesen headquarters). Boeing acquired Jeppesen Sanderson, a supplier of flight-information services, for $1,524 million in cash. Jeppesen provides a full range of print and electronic flight information -- navigation data, computerized flight planning, aviation software, aviation weather services, maintenance information and pilot-training systems -- and became a cornerstone of Boeing's commercial-aviation services strategy. The purchase-price allocation included $772 million of goodwill, $308 million of product know-how and $45 million of in-process research and development.
Jeppesen extended Boeing into recurring flight-information and services revenue tied to the installed base of aircraft and pilots.
A dominant flight-information franchise generating recurring services revenue across the aviation industry. Later combined with Boeing's broader commercial-services portfolio; a building block for what became Boeing Global Services. Operated within the Commercial Airplanes segment (later Boeing Global Services).
On October 4, 2000, the Company acquired Jeppesen Sanderson, Inc., a provider of flight information services... a full range of print and electronic flight information services, including navigation data, computerized flight planning, aviation software products, aviation weather services, maintenance information, and pilot training systems.The Boeing Company, Form 10-K for fiscal year 2000
Advisory firms were not disclosed for this transaction.