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Planet acquires Google's Terra Bella satellite imaging division
Google's has officially sold off it's satellite imaging division. An announcement from rival imaging company Planet confirms it will acquire Terra Bella from Google and take over operation of its seven high-resolution SkySat satellites. Once the deal closes, Google will start purchasing images for Google Earth and other products directly from Planet.
Google may sell off its satellite imaging division
Wall Street has been pushing Google to behave more like a regular company, hacking and slashing at its longer-term projects and R&D divisions. Now, Alphabet CFO Ruth Porat has her sword pointed at the search engine's satellite imaging unit, Terra Bella. According to both the Wall Street Journal and Bloomberg, Google will sell the division to a competitor, Planet, and buy mapping data from other companies in future.
