Boeing has reached a definitive agreement to sell parts of its Digital Aviation Solutions business to software investment firm Thoma Bravo in a transaction valued at $10.55bn. The sale encompasses assets including Jeppesen,

The sale includes Boeing’s digital flight planning tools Jeppesen, Foreflight, AerData and OzRunways, though the company “will retain core digital capabilities" as part of the deal with private equity firm Thoma Bravo.

Boeing said on Tuesday it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.