Earth Imaging Journal: Remote Sensing, Satellite Images, Satellite Imagery
Breaking News
Trimble Introduces Tekla 2018 BIM Software Solutions
SUNNYVALE, Calif.- Trimble (NASDAQ: TRMB) introduced today three new...
Drone Alliance Europe Introduces New Executive Director alongside Panel Discussion on the Future of European Drone Integration
Brussels, Belgium  – Last night, Drone Alliance Europe (DAE)...
Swift ​​Navigation ​​Introduces Skylark, a Cloud-Based, High-Precision GNSS Service
San Francisco, CA— Swift Navigation, ​​a ​​San ​​Francisco-based ​​tech...
Global Mapper and LiDAR Module SDK v19.1 Now Available with New 3D Mesh Generation Capabilities
Hallowell, Maine  - Blue Marble Geographics ( is pleased...
Quantum Spatial Awarded $1.5 Million Illinois Tollway Contract for Aerial Mapping Services
Quantum Spatial, Inc. (QSI), the nation’s largest independent geospatial data...

Operating under the name DigitalGlobe, the combined company will deliver more than $1.5 billion in primarily capital-related synergy savings.

DigitalGlobe (NYSE: DGI) and GeoEye (NASDAQ: GEOY) approved a definitive merger agreement under which the companies will combine in a stock and cash transaction valued at approximately $900 million.

The combined company will be named DigitalGlobe and continue to trade on the New York Stock Exchange under the symbol DGI. Jeffrey R. Tarr, president and CEO of DigitalGlobe, will serve as president and CEO of the combined company, and General Howell M. Estes III, chairman of the board of DigitalGlobe, will serve as chairman. It is anticipated that, after close, Matt O'Connell,CEO and president of GeoEye, will assist the management of the combined company in an advisory capacity. The company will be headquartered in Colorado, have a large and important presence in Missouri and Virginia, and maintain offices in other locations around the globe.

Read the full story.

Comments are closed.