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Google sells satelliettak to startup Planet

Google sells satelliettak to startup Planet

Photo: Terra Bella

Google-the parent Alphabet is selling his satelliettak Terra Bella at startup Planet. Who provides the satellite imagery after the sale, subject to license to Google.

Planet calls the seven satellites with high resolution camera’s that Google takes in a declaration to be a powerful addition to his arsenal of sixty satellites.

Google took the satellite company in 2014 for $ 500 million, in order to improve the satellite imagery on Google Maps. In 2016, the company was renamed from Skybox to Terra Bella.

Startup Planet has been satellite coverage of the numerous companies available. After the acquisition of Terra Bella is Google a customer of the Planet, and takes it for Google Maps images of the startup.

Licentiedeal

It is not clear how much money the acquisition is involved. An anonymous source from Business Insider says that the Planet pays less than the $ 500 million that Google at the time for the satellite company paid, but more than 300 million dollars. Also would Google shares in Planet, and thus, investing in the long-term development of Terra Bella.

The sale of Terra Bella follows after several other bezuinigende steps of Google-parent company, Alphabet. So stopped Google in January with the development of its drone powered by solar energy. The project with bezorgdrones would meanwhile the delayed thermostaatmaker Nest is not an independent company under the Alphabet more and different high employees left the company.

Alphabet scored at the end of January will also be a record sales over the fourth quarter of 2016, with a turnover of over 26 billion dollars (more than € 24 billion), 22 percent more than a year earlier.

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