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Microsoft Acquires Vexcel Corp., a Worldwide Leader in Imagery and Remote Sensing Technology | |
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||
| Time: 20:28 EST/01:28 GMT | News Source: Press Release | Posted By: Michael Dragone | ||
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Microsoft Corp. today announced it has acquired Vexcel Corp., a worldwide leader in photogrammetry, imagery and remote sensing technologies. Financial details of the acquisition were not disclosed.
This deal, the second in the past six months for Microsofts Virtual Earth business unit, was done to enhance the talent, technologies, products and services dedicated to fulfilling Microsofts broad vision for best-of-breed local search and mapping solutions for consumers, businesses and government.
Founded in 1985, Vexcel is a multinational company with its headquarters in Boulder, Colo., and offices in Austria, Canada, the Netherlands and the United Kingdom. Vexcel employees become Microsoft employees and will be part of Microsofts Virtual Earth business unit. | ||
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