Tech

Google Reportedly Wants To Buy Satellite Company Skybox Imaging For About $1 Billion

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Google is reportedly in advanced talks to buy satellite company Skybox Imaging for about $1 billion, TechCrunch reports.

Skybox Imaging builds satellites and deploys data centers. It also records and provides access to detailed imagery and high-definition video of landscapes. 

If Google does buy Skybox Imaging, it would make sense for the search giant to use the company's high-quality, real-time photos and videos to improve its Google Maps and Google Earth offerings.

Meanwhile, Google may also see this potential acquisition as a way to bring Internet to the two-thirds of the population who don't have it. Google has already announced Project Loon, a network of balloons to beam Internet access. Google also recently bought Titan Aerospace, a company that makes high-flying solar powered drones.

It seems that Google sees drones, balloons, and satellites as a means of beaming Internet connections around the world, and therefore expanding the reach of its service. 

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Megan Rose Dickey formerly covered tech startups focused on the shared economy and music industry. Dickey previously wrote for LAUNCH Media, where she covered the startup industry and organized tech conferences.She graduated from the University of Southern California in 2011 with a degree in Broadcast and Digital Journalism.