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  Microsoft Acquires Vexcel Corp., a Worldwide Leader in Imagery and Remote Sensing Technology
Time: 20:28 EST/01:28 GMT | News Source: Press Release | Posted By: Michael Dragone

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 Microsoft’s Virtual Earth business unit, was done to enhance the talent, technologies, products and services dedicated to fulfilling Microsoft’s 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 Microsoft’s Virtual Earth business unit.
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#276 By 4240821 (77.246.244.253) at 11/16/2024 5:50:54 AM
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