Boeing has agreed a deal to acquire Inmedius, a provider of software applications and services for managing and sharing information and learning content. The terms of the agreement have not been disclosed, but it is expected to be completed in the second quarter of 2012, when Inmedius will be integrated into Boeing subsidiary Continental DataGraphics (CDG).
Boeing said the acquisition will enable them to offer an expanded portfolio of technical services and solutions for aerospace, defense and manufacturing markets. They said Inmedius will also bring new efficiencies to technical content management across Boeing's commercial and defense programs.
Inmedius has approximately 75 employees and is headquartered in Pittsburgh, Pa, with additional field office locations in Maryland, Colorado, the U.K. and India. It has a diverse customer base drawn from commercial aerospace and defense businesses, including Boeing, as well as other manufacturing and service industries. Inmedius President and CEO Gary L. Schaffer will continue to lead the business, reporting to CDG President and CEO David Malmo.
"Inmedius has impressive technical capabilities, backed by an outstanding culture of innovation and entrepreneurial drive to develop the right solutions for its customers," said Malmo. "CDG has worked with Inmedius for a number of years in the S1000D technical publications standards community. We believe its team and products will be strong complements to our capabilities in technical authoring, eLearning, and software development, which will ultimately drive enhanced solutions for our customers."
Schaffer said: "We are pleased that Boeing values our products and personnel and look forward to joining the Boeing team. Inmedius will now have access to increased resources for customer support, engineering and new product development, combined with long term financial stability and a broader global reach to support our customers worldwide.â€