Microsoft has confirmed that it plans to buy Vexcel, a maker of remote sensors, to help expand the software maker's digital mapping efforts.
In a statement on Monday, Microsoft said the pending deal will help it with its efforts "to deliver a dynamic immersive digital representation of the real world that provides the best local search and mapping experience."
"Vexcel's people products and services will play a key role in helping Microsoft deliver on this vision," the software maker said. Vexcel makes a digital aerial camera known as the UltraCam as well as remote sensor and satellite tools.
Aerial photography has become a hotbed of competition, with Google Earth and Microsoft's Virtual Earth racing to map the globe and beyond as part of their
local search services. Google recently started mapping Mars as well.
Microsoft said in a statement that it has "entered into an agreement with Vexcel" to acquire the company, but did not offer any financial details of the transaction. Microsoft said the deal still requires approval from regulators in both the United States and in several European countries.
The deal was noted last week by the Daily Camera, Vexcel's hometown newspaper in Bolder, Colo. The paper reported that the 21-year-old company has 130 employees.
Apple, Google, Microsoft, Amazon--all are targets for Mozilla's plan to use Web apps to free people from ecosystem lock-in. Also: new Firefox features aplenty.
The rise of Apple's stores is one of the past decade's great retail stories. So, why then does the company continue to creep back into the big-box outlets and will this hurt the brand?
The company helps small businesses with little tech savvy build apps easily, and now its partner Constant Contact will email-blast prospective users, too.
The Samsung Galaxy Mini 2 S6500 could make its debut at the Mobile World Congress in Barcelona later this month, according to a leaked promotional image.
Web giant is spending $120 million to beef up its Mountain View, Calif., headquarters, according to filings with the city reviewed by the San Jose Mercury News.
Join the conversation