Google
acquires drone-making startup 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 for a reported $60 million buyout, but it appears that
Google struck first.
The Wall Street Journal reports 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.
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