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June 12, 2014 05:41 pm GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/--tbZtj6f0M/
Report: Google in Talks to Acquire Stake in Virgin Galactic
Richard Branson may prove to be a key part of Google's satellite plans, according to a new report.
Sky News reports that Google is in advanced talks to take a small stake in Branson's space flight company Virgin Galactic and to pursue a joint venture together. Google is reportedly looking to spend about $30 million for a 1.5% stake in the company and "hundreds of millions" on a venture which Sky News says would tie into Google's plans to launch a fleet of satellites into low orbit.
Google and Virgin Galactic did not immediately respond to our request for comment Read more...
More about Google, Richard Branson, Virgin Galactic, and BusinessOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/--tbZtj6f0M/
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