• Skip to primary navigation
  • Skip to main content
  • Skip to footer
  • Home
  • Advertise With Us
  • Contact
  • Cookie Policy
    • Privacy statement (CA)
    • Cookie policy (CA)
    • Privacy statement (UK)
    • Cookie policy (UK)
    • Privacy statement (US)
    • Cookie Policy (US)
    • Privacy statement (EU)
    • Cookie policy (EU)
    • Disclaimer

TechWalls

Technology News | Gadget Reviews | Tutorials

  • Reviews
  • Tech Guide
  • Home Improvement
  • Gadget & Apps
  • News

Google to acquire Skybox Imaging for $500 million

Updated on Jun 10, 2014 by Guest Authors

After snagging Titan Aerospace (the startup company that was manufacturing the world’s first solar powered satellites) for $20 million, Google has targeted Skybox Imaging under its crosshairs and has agreed to acquire the company for $500 million.

Skybox Imaging is a satellite company and the reason why Google has decided to spend half a billion dollars on it from its cash reserves is that it wants to keep Google Maps as accurate as possible with up to date imagery.

Furthermore, Google explained in a blog post that another reason for acquiring the satellite imaging company was so that Skybox’s team and technology will be able to help improve Internet access and disaster relief; some core areas where Google’s paramount interest lies in.

Skybox-imaging

In addition, Skybox Imaging will also provide an augmented experience to using Google Earth, with real time imagery and functionality to help the user with the application. That’s not all. Skybox Imaging will also be able to provide internet access to areas which have little to no networking infrastructure available to enjoy satisfactory internet speeds.

Google Fiber is not the only thing that the Android operating system company is after. Becoming the world’s largest internet service provider seems to be along the same lines as Google’s ambition. Thanks to the acquisition of Titan Aerospace and Skybox Imaging, Google’s plan to launch 180 solar satellites in to the Earth’s atmosphere in order to blanket the entire planet with blazing internet access speeds of 1 Gigabits per second might finally come to fruition.

As stated by Google, the project will end up costing the company a total of $3 billion. However, for a company who just spent half a billion dollars acquiring a satellite imaging company, bringing this project to fruition will be no problem for the tech giant.

Disclosure: We might earn commission from qualifying purchases. The commission help keep the rest of my content free, so thank you!

Footer

Makeblock mBot Ranger Review – Learn Scratch Coding with the Robot Kit

Apitor Robot S Review – A Perfect LEGO SPIKE Alternative For Scratch Programming

EPOMAKER CIDOO V65 V2 Wireless Mechanical Keyboard Review

VTOMAN FlashSpeed 1500 Portable Power Station Review

Follow TechWalls

YoutubeFacebookTwitterInstagram

Recent Posts

  • KOKONI EC2 App-Controlled 3D Printer: Revolutionizing 3D Printing at Home and Beyond
  • Makeblock mBot Ranger Review – Learn Scratch Coding with the Robot Kit
  • OneOdio & OpenRock Headphones – Black Friday and Cyber Monday Deals
  • The Best Budget-Friendly Mini PCs Under $500

Copyright © 2023 · All Rights Reserved

Manage Cookie Consent
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional cookies Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}