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Report: Alphabet Hoping To Sell Skybox Imaging
A report late Monday
said that
Google's parent company,
Alphabet Inc.
, is looking to sell its
Skybox Imaging
satellite business. According to reports, Alphabet is hoping to sell Skybox to fellow satellite imaging company
Planet Labs
. Financial details of the deal, and confirmation of the move, have yet to be announced. Google
acquired Skybox Imaging
for $500M in cash back in June of 2014.
posted on Tuesday, January 10, 2017
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