Google said to be in talks to buy satellite startup Skybox Imaging

Google logoGoogle may be looking to further expand its technology line-up, this time reaching into orbit for its most recent acquisition talks. Sources tell Techcrunch that the search giant is in talks with Skybox Imaging, a startup satellite company that takes high-definition images and video via satellite. The deal is reportedly being valued at upwards of $1 billion.

The deal was first reported by The Information back in April, but has since gone on to several meetings between the companies. It is still possible for the deal to break down as nothing has been finalized, but one source confirms that the deal is going to happen. It is estimated that Skybox was worth between $500 and $700 million in 2012.

Speculation for the purpose of Google bringing a satellite company into its midst could mean several types of improvements for Google maps. The ability to gather real time data of locations compared to periodic scans could prove to be beneficial to the company. Purchase could also mean an improvement to Google Earth for the same ability to track real time changes.

Skybox Imaging could also be brought in to bolster Project Loon, joining UAV company Titan Aerospace on the project. Project Loon is an initiative by Google that involves high altitude solutions for Internet access in rural areas. Titan Aerospace was purchased in April after being approached by both Google and Facebook.

Source: Electronista

Tags: Google, technologies

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Consumer group recommends iPhone 8 over anniversary model
 
LTE connections wherever you go and instant waking should come to regular PCs, too
 
That fiction is slowly becoming a reality
 
The Snapdragon 845 octa-core SoC includes the Snapdragon X20 LTE modem
 
Human moderators can help make YouTube a safer place for everyone
 
Google says Progressive Web Apps are the future of app-like webpages
 
All 2018 models to sport the 'notch'
 
The biggest exchange in South Korea, where the BTC/KRW pair is at $14,700 now
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930
31      




Poll

Do you use microSD card with your phone?
or leave your own version in comments (4)