Google buying satellite maker Skybox for $500M

Published June 10, 2014 9:07pm ET



SAN FRANCISCO (AP) — Google is buying Skybox Imaging in a deal that could serve as a launching pad for the Internet company to send its own fleet of satellites to take aerial pictures and provide online access to remote areas of the world.

The $500 million acquisition announced Tuesday initially will provide Google with the means to improve the quality and immediacy of the satellite imagery used in its digital maps.

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