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Boeing Co. buys UK software business 2d3 Sensing for $25 million

byCustoms Today Report
11/04/2015
in Uncategorized
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LONDON: Boeing Co. has acquired 2d3 Sensing, the defense software division of United Kingdom-based OMG PLC, for $25 million in cash.

The newly acquired business will become part of Boeing’s Insitu Inc. subsidiary, which designs unmanned aircraft systems, Boeing officials said Friday.

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2d3 Sensing specializes in motion imagery processing of intelligence, surveillance and reconnaissance data generated from aerial platforms. Its software and services are used by government and commercial customers, including the U.S. Air Force.

Products from 2d3 Sensing are used on the ScanEagle and Integrator systems provided by Insitu, and acquiring 2d3 will allow further integration of 2d3’s video analysis and other capabilities into Insitu and other Boeing platforms, Boeing officials said.

2d3 Sensing has about 40 employees in California and the UK.

Citing Insitu’s “long history,” with 2d3, Ryan Hartman, Insitu president and CEO, said of the acquired business, “The services they provide highlight ways in which computer vision and image processing technologies can be used to enhance and analyze full motion video data captured and recorded during live missions. We look forward to incorporating such improvements into our unmanned vehicles.”

Boeing Defense, Space & Security, based in Hazelwood, is a $31 billion unit of Chicago-based Boeing Co. (NYSE: BA) with 53,000 employees worldwide.

Tags: software

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