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.
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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