10
Jun
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There have been rumblings recently that, adding to its other (perhaps more far-flung) efforts to improve Internet access around the world, Google would eventually deploy its own fleet of satellites. Today, those rumblings got a little bit closer to reality as Google announced its agreement to acquire satellite imaging company Skybox for $500 million in cash.

Skybox Announcement Logo_sm

Skybox's journey so far, according to the announcement on its own blog, has been about revolutionizing "access to information about the changes happening across the surface of the Earth." Having already deployed the world's smallest high-resolution imaging satellite, the company says it's already made "great strides."

The announcement goes on to explain that Skybox and Google ultimately share the same goal - "making information accessible and useful." The technology and know-how behind Skybox's efforts will - according to Google's announcement - help Google improve Internet access around the world, and also help in disaster relief, "areas Google has long been interested in."

Readers may remember from the WSJ report that Google recently hired the founder of O3b Networks, Greg Wyler, to help lay the groundwork for exploration into bringing the "other 3 billion" online.

In the short term, Skybox says it will continue to operate as usual, since the deal is still subject to closing conditions and regulatory approvals.

Source: Skybox, Google

Liam Spradlin
Liam loves Android, design, user experience, and travel. He doesn't love ill-proportioned letter forms, advertisements made entirely of stock photography, and writing biographical snippets.

  • darkdude1

    Skybox + Google = Skynet? :P

    • Nathan Boldt

      Skygle

      • Mario

        Skygoo XD

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          • frafri

            but is she hot?

    • Tomáš Petrík

      Goobox

      • APOI

        in my native language Bangla (west bengal, India) Goo means Poop, so Goobox might stand for Potty-box ;-) :P

        • Tomáš Petrík

          Oh, well... :D

  • De5str0yer.

    This has some awesome potential , at least i will not be forced to use shitty 3g connection if i can just connect directly to the Internet wherever i go , this could replace my WiFi connection at my house after all isn't it?

    • Roger Siegenthaler

      Sure because getting a faster connection to a satellite isn't going to cause health issues at all...

      • De5str0yer.

        Why do you think this could cause health issues?

        • Michael

          I think he thinks we don't already have hundreds and thousands of radio waves and so on running through 24/8. This wouldn't cause health issues anymore than the wifi your neighbors are using

  • Testraindrop

    How convenient that the skybox logo already is using the Google colors :-)

    • marcusmarcus2

      It was not already using Google colors. The image in the article is what the logo is now that Google owns it or what it will be after the aquisition is complete at least.

      • Testraindrop

        Oh thank you, it didn't come to my mind that they changed it so fast already :)

  • De5str0yer.

    Second time i post a comment here , i hope this project actually happens , before right now not the entire world has internet , i think only the 35% of us actually have access to the internet. So the Disaster Relief could perhaps actually happen.

  • Fatal1ty_93_RUS

    *sigh*

    *another generic "google is skynet" comment*

  • Anish Khanorkar

    Liam - a $500M cash deal for Skybox Imaging may seem high, but really, it's just the latest of Google's largest acquisitions. Skybox is the eighth largest private company Google has acquired. Moreover, in this year alone the tech giant has already acquired Nest Labs (for $3.5B - its largest-ever acquisition) and DeepMind Technologies as well. It'll be interesting to see if Google makes another large acquisition in the near term. You can find our report on Google's biggest acquisitions here: http://www.cbinsights.com/blog/google-largest-acquisitions.

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