Boeing Acquires CPU Tech's Microprocessor Business

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