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04-14-2014, 11:11 PM
Google acquires drone-making startup Titan Aerospace
http://c2.bgr.com/2014/03/titan-aerospace-solara-drone-facebook.jpg?w=610 (http://bgr.com/2014/04/14/google-acquires-titan-aerospace/)Google an**unced on Monday that it would be acquiring Titan Aerospace, a startup that develops high-altitude, solar-powered drones. Titan Aerospace was previously courted by Facebook (http://bgr.com/2014/03/04/facebook-drones-internet-project/) for a reported $60 million buyout, but it appears that Google (http://bgr.com/tag/google) struck first. The Wall Street Journal reports (http://online.wsj.com/news/articles/SB10001424052702304117904579501701702936522) that Google did **t divulge the price of the acquisition, but the search giant did say that the 20 or so employees of Titan will remain in their New Mexico location. CEO Vern Raburn will also continue to run the company.
Continue reading... (http://bgr.com/2014/04/14/google-acquires-titan-aerospace/)
http://feeds.feedburner.com/~r/TheBoyGeniusReport/~4/npsLJ-XHSmc
http://c2.bgr.com/2014/03/titan-aerospace-solara-drone-facebook.jpg?w=610 (http://bgr.com/2014/04/14/google-acquires-titan-aerospace/)Google an**unced on Monday that it would be acquiring Titan Aerospace, a startup that develops high-altitude, solar-powered drones. Titan Aerospace was previously courted by Facebook (http://bgr.com/2014/03/04/facebook-drones-internet-project/) for a reported $60 million buyout, but it appears that Google (http://bgr.com/tag/google) struck first. The Wall Street Journal reports (http://online.wsj.com/news/articles/SB10001424052702304117904579501701702936522) that Google did **t divulge the price of the acquisition, but the search giant did say that the 20 or so employees of Titan will remain in their New Mexico location. CEO Vern Raburn will also continue to run the company.
Continue reading... (http://bgr.com/2014/04/14/google-acquires-titan-aerospace/)
http://feeds.feedburner.com/~r/TheBoyGeniusReport/~4/npsLJ-XHSmc