Thursday, 12 June 2014
Google to shop for satellite company bowl Imaging for $500 mln''
Skybox has engineered satellites full of sensors and camera natural philosophy that take high~resolution pictures and video of the world however that it says area unit smaller and lighter than ancient satellites. the corporate, that like Google is predicated in Mountain read, Calif, has launched one satellite and had planned to launch a constellation of twenty four satellites, in line with the company's web site.
In Apr Google noninheritable Titan part, a replacement Mexico~based maker of solar~powered drones, for associate unrevealed total. Google has additionally launched alittle network of balloons designed to deliver web access over the hemisphere.
Google same that Skybox's satellites can offer pictures for Google's on-line mapping service. Google, the world's No.1 web computer programme, same that Skybox's technology might additionally eventually be wont to offer web access and facilitate with disaster relief.
Facebook the world's No.1 web social network, declared in March that it had created a special 'Connectivity lab' project tasked with developing satellites, drones and alternative technology that might be wont to beam web property to folks in underdeveloped elements of the planet.
The time is true to affix a corporation United Nations agency will challenge America to assume even larger and bolder, and United Nations agency will support America in fast our formidable vision, bowl same on in its web site on Tuesday during a message saying the alter Google.
The acquisition of the five~year recent company comes as Google and rival Facebook INC [FB.O] area unit sport to snaffle satellite and drone firms in a fashionable effort to expand the reach of their businesses.
Google INC ([GOOGL.O] [GOOG.O] same on Tuesday it's feat satellite company bowl Imaging for $500 million in money, the net company's second high-profile acquisition of associate part company this year.
Shares of Google were down but zero.5 p.c at $568.07 in noonday commercialism on Tuesday.