Google just bought Skybox Imaging for $500M, Skybox Imaging is a company which focuses primarily on photographs shot by satellites.
boasts that it launched and assembled the world's smallest high
resolution imaging satellite, and the firm supplies video and data
analytics of World shot from afar. Tuesday in declaring the deal, Google
said the buy out will help strengthen Google Maps by keeping the
service precise with up to date pictures. But the search giant also
offers more-challenging strategies for the technology.
comes as large tech firms are becoming interested in airborne technology
-- including drones and satellites -- to expand business operations and
their reach: getting more people online means having the ability to
offer services to inhabitants that are bigger.
Google in April
bought drone manufacturer Titan Aerospace to help additional Project
Loon, the business's initiative to bring the Internet to less-connected
areas all over the world using high-elevation WiFi balloons.
In March, the firm declared a brand new laboratory focused on developing that technology.
"We both believe in making advice (particularly precise geospatial info) accessible and useful."
Google Maps the company got its beginning after Google got Keyhole another satellite imaging business,, a decade past.
in November found SkySat 1, a satellite effective at shooting 90-second
videos. The satellite was to function as the first of a fleet started
to capture Baltimore; perspectives Bangkok; Las Vegas; and Aleppo,
Syria. Google has not indicated after the startup joins the firm if the
remaining starts will stay on program. We've will update this post when
we hear back and requested Skybox.
Though people have about
Google's interest in Skybox been speculating for some time, Tuesday's
statement pegged the deal at half the cost of the rumored. Google
additionally warned the deal is subject to acceptance by regulators and
the cost could be corrected.