Google pays $500 million to buy satellite maker Skybox Imaging

New geographic data could find its way into Google apps

Skybox's technology can analyze changes like the number of cars in a parking lot.

Skybox's technology can analyze changes like the number of cars in a parking lot.

Google stands to gather massive amounts of geographic data for information as wildly diverse as the health of farm fields and congestion of parking lots, by purchasing the super-smart satellite imaging and analytics company Skybox Imaging.

The companies said Tuesday that Google was paying US$500 million cash to acquire 5-year-old Skybox, which claims to have made the world's smallest high-resolution imaging satellite, which collects a range of images and video of the world's daily goings-on.

The deal has not yet closed and is subject to customary closing conditions.

Google, in its announcement, said that Skybox will help keep Google Maps accurate with up-to-date imagery. Google already uses satellite imagery for its Maps and Earth software, but the data can be between one and three years old.

But the possible applications of Skybox's technology go way beyond Maps. "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," Google said.

Those are oft-cited goals at Google now. The company said the same thing after it recently acquired Titan Aerospace, which makes drones that fly at 65,000 feet to beam Internet access to underserved parts of the world.

Skybox's technology, like Titan's, may also hook up with Google's Project Loon, an experiment involving high-altitude balloons for Internet access.

And it could give Google a big leg up against Facebook, which has its own drones for Internet and other projects.

But Skybox's technology is impressive by itself. By analyzing its images and video, the company provides intelligence on all sorts of industries and activities on Earth -- data that Google could eventually incorporate into any number of its products.

Skybox, for instance, looks at changes in the number of cars in a retailer's parking lot, or the size of stockpiles of natural resources in ports, to provide financial trading intelligence.

"The time is right to join a company who can challenge us to think even bigger and bolder, and who can support us in accelerating our ambitious vision," the Mountain View, California-based Skybox said in its announcement.

The company also looks at rock topologies and geological structures for mining operations monitoring, and monitors refugee movements in conflict areas to aid humanitarian efforts.

Skybox even does maritime monitoring for ships -- Google Maps cruise transit options, anyone?

Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on Twitter at @zachminers. Zach's e-mail address is zach_miners@idg.com

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags Internet-based applications and servicesMapsNetworkingSkybox Imagingsocial networkinginternetsearch enginesvideoInternet service providersanalyticsGoogle

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Zach Miners

IDG News Service
Show Comments

Essentials

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?