Updated from 2:36 p.m. ET to include Google confirmation of acquisition and comment. <\/p>\n
NEW YORK (TheStreet) - Google (GOOG) will buy drone-maker Titan Aerospace as the web-search giant continues to work on improving its popular imaging and mapping capabilities.Previously, Titan Aerospace had been rumored to be a target of Facebook (FB) until the social network bought Ascenta for $20 million. <\/p>\n
Google will use Titan Aerospace to bring internet access to regions of the world that continue to lack access and said that its efforts may also be used to help with global issues such as disaster relief and deforestation. <\/p>\n
\"Titan Aerospace and Google share a profound optimism about the potential for technology to improve the world. It's still early days, but atmospheric satellites could help bring internet access to millions of people, and help solve other problems, including disaster relief and environmental damage like deforestation,\" a Google spokesperson said via email to TheStreet. <\/p>\n
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Google To Buy Titan Aerospace In Internet Push<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Updated from 2:36 p.m. ET to include Google confirmation of acquisition and comment. Continue reading