In a move designed to expand its geospatial services business and U.S. government customer base, DigitalGlobe Inc. announced plans Oct. 11 to pay $140 million to acquire The Radiant Group, a geospatial information company based in Chantilly, Virginia.
“We are on the cusp of a number of shifts occurring both in the government market and in the commercial market, with moves toward cloud computing, increasing utilization of machine learning, crowd sourcing and open source software,” said Walter Scott, founder, chief technical officer and executive vice president of Westminster, Colorado-based DigitalGlobe. ...continued ...