Wednesday, August 1, 2012
GE Aviation Acquires Austin Digital
GE Aviation acquired Austin Digital, a privately owned, Texas-based supplier of flight operations data analysis, which is designed to "strengthen GE's services offerings with integrated solutions for aviation customers around the world," the company said Tuesday.
Financial terms of the acquisition were not disclosed.
Austin Digital, which employs about 40 people at its Austin, Texas, headquarters, specializes in facilitating Flight Operational Quality Assurance (FOQA) for airlines and business jet operators. ADI uses a proprietary suite of tools to analyze digital flight data and other operational data to improve safety and efficiency for operators.
"GE is committed to delivering solutions that help our customers operate aircraft more efficiently, with reduced environmental impact," said Paul McElhinney, president and CEO, GE Aviation Services. "The acquisition of Austin Digital brings some of the best flight operations technology to GE Aviation's Services business, further expanding our commitment to deliver results for our customers. We are delighted that Austin Digital is joining our team today."
"This is great news for Austin Digital employees and our customers," said Austin Digital CEO Thom Mayer. "Customers will continue to benefit from the same expertise and service for which Austin Digital is known, while the strength of GE provides a platform for future innovation and growth."
Austin Digital's capabilities will be integrated into GE's fuel and carbon management program focused on helping customers reduce their cost of ownership, cut fuel consumption and decrease emissions, GE said.