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Breaking: Google heads to outer space with latest acquisition

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Google is leaving planet Earth. The Wall Street Journal on Tuesday afternoon reported that Google has reached a deal that will see it acquire Skybox Imaging for $500 million. Discussions between the two companies had previously been reported by The Information. Skybox operates a number of satellites that it uses to capture ultra high-resolution photos of Earth, and it is believed that Google will use the satellites’ capabilities to capture Google Earth imagery of areas that were previously not accessible. UPDATE: Google has confirmed the deal, and said that Skybox will help ensure Google Maps imagery is kept current. The company also said that Skybox’s team and technology may “help improve Internet access and disaster relief” in the future. Here’s the full Reported by Boy Genius Report 34 minutes ago.

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