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Google Buys Skybox Imaging For Mapping, Broadband
by Karl Bode 08:35AM Wednesday Jun 11 2014
Google this week paid $500 million to acquire Skybox Imaging. While Skybox primarily focuses on satellite imaging, Google says the acquisition will also be useful for their developing-world satellite broadband efforts. "Their satellites will help keep our maps accurate with up-to-date imagery," Google said in a statement announcing the deal. "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 been experimenting with both broadband by balloon (Google Loon) as well as broadband by drone (they recently also acquired drone maker Titan Aerospace).