Google has gone from just buying out other software companies to acquiring companies that has no connection to the internet, the internet giants recently announced that they have acquired solar drone company Titan Aerospace. It appears that the company beat Facebook to the punch, it’s reported that Facebook was showing interest and had plans to purchase.
Apparently Google offered more for the company which lead to them acquiring Titan Aerospace, although no figures were disclosed, it was rumored that Facebook offered to pay $60 million, however Google must have offered way more. Even though they are joining the Google Family, Titan Aerospace will continue to operate out of its Headquarters in New Mexico, and its 20 employees will remain working for the company.
We’re thrilled to announce that Titan Aerospace is joining Google. At Titan Aerospace, we’re passionate believers in the potential for technology (and in particular, atmospheric satellites) to improve people’s lives. It’s still early days for the technology we’re developing, and there are a lot of ways that we think we could help people, whether it’s providing internet connections in remote areas or helping monitor environmental damage like oil spills and deforestation. That’s why we couldn’t be more excited to learn from and work with our new colleagues as we continue our research, testing and design work as part of the Google family.
Google has not revealed their plans for the company, however it could be similar to the plans Facebook had for the company, which was to provide internet access.