Google buys Skybox to enhance mapping service

: Thursday, June 12 - 2014 @ 01:50

Google Inc. has announced its acquisition of satellite company, Skybox Imaging Inc. for $500m, as it works to bolster its mapping services, Bloomberg has reported. Skybox has designed satellites to capture images and deliver them to customers with details down to less than a metre. The all-cash deal is subject to adjustments, Google said. “Skybox’s satellites will help keep Google Maps accurate with up-to-date imagery,” the company said.

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Thursday, June 12- 2014 @ 1:50 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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