spacetoday.net: space news from around the web

Explore Mars event
GeoEye offers to buy DigitalGlobe
Posted: Sat, May 5, 2012, 11:53 AM ET (1553 GMT)
GeoEye-2 illustration (Lockheed Martin) Commercial remote sensing company GeoEye announced Friday a proposal to acquire its principal domestic rival in space-based imaging, DigitalGlobe, for nearly $800 million. GeoEye announced it was offering $17 per share in cash and stock for DigitalGlobe, which would value the company at $792 million. DigitalGlobe confirmed it received the offer and was evaluating it. Both companies operate satellites that provide high-resolution images for government and commercial customers, but are facing a potential shortfall in sales as the US government has proposed cutting back on imagery purchases under the EnhancedView contracts with both companies.
<<previous article   next article>>
news in brief
NASA announces science payload for Mars 2020 rover
Posted: Fri, Aug 1 7:36 AM ET (1136 GMT)

Ariane launches fifth and final ATV spacecraft
Posted: Wed, Jul 30 7:48 AM ET (1148 GMT)

news links
Friday, August 1
UCSD spots 'cool flame' on space station
U-T San Diego — 7:21 am ET (1121 GMT)
Weather 80% go for Atlas V launch tonight from Space Coast
My News 13 Orlando — 7:16 am ET (1116 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list