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Google buys satellite imaging company Skybox for $500 million

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#1 +techbeck

techbeck

    Neowinian Senior

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Posted 10 June 2014 - 18:32

Google has acquired Skybox Imaging, a company that captures high-resolution imagery with satellites, for $500 million in cash. At least initially, it sounds like Skybox's technology will be used to bring fresh satellite photos to Google Maps and Google Earth. "Their satellites will help keep our maps accurate with up-to-date imagery," Google told Recode in a statement. "Over time, we also hope that Skybox’s team and technology will be able to help improve Internet access and disaster relief — areas Google has long been interested in." Google has spent significant cash to snatch up drone and satellite companies for its future plans. In April, it purchased Titan Aerospace, a drone maker that Facebook had reportedly been eyeing for its own internet delivery ambitions. The Information first reported Google's interest in both companies.

 

More....

http://www.theverge....for-500-million




#2 Hum

Hum

    totally wAcKed

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Posted 12 June 2014 - 09:01

Guess I can't lay outside, naked any more. HAW !

 

Curse you Google .... *shakes fist*