Feeds

Google to acquire satellite eye-in-sky Skybox for $500m

Another tool to be added to Google's all-seeing arsenal

  • alert
  • submit to reddit

Seven Steps to Software Security

Google has entered into an agreement to acquire its Mountain View, California neighbor Skybox Imaging, a five-year-old satellite imagery and data-analysis startup.

"We're thrilled to announce that Skybox Imaging has entered into an agreement to be acquired by Google!" the company wrote in a blog post on Tuesday.

The deal will be worth $500m in cash, Google reports. "Skybox's satellites will help keep Google Maps accurate with up-to-date imagery," they write. "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."

And self-driving cars. "We're both willing to tackle problems head on – whether its building cars that drive themselves or designing our own satellites from scratch," Skybox writes about its new BFF.

Describing themselves, they say: "We build satellites, we write code, and we deploy data centers. But at heart Skybox is about unlocking the human story by approaching daily global activity as the world's largest data science problem."

Skybox currently has one satellite in orbit which will soon supplement the over 1,000 sources – including other satellite companies – from which Google now slurps data. But now Skybox has a partner – well, an owner, should regulatory hurdles be hurdled – with immensely deep pockets to help them keep an eye on all of us from above. ®

Boost IT visibility and business value

More from The Register

next story
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.