Report: Google Close to Acquiring Skybox Imaging for $1 Billion

Google may have its eyes set on yet another billion-dollar acquisition.

The search giant is said to be nearing an acquisition of Skybox Imaging, a company that provides high-resolution satellite imager, for around $1 billion, according to a report in TechCrunch. The two companies have reportedly had several rounds of talks

Reps for Google and Skybox did not immediately respond to our request for comment

The Information reported last month that Google was in early talks to acquire Skybox. The potential price tag was not included in that report, though the publication noted that Skybox was in talks to raise a round of funding at a valuation in the "hundreds of millions." Read more...