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Skybox

Google to buy satellite company Skybox Imaging for $500 million

SAN FRANCISCO: Google Inc said on Tuesday it is acquiring satellite company Skybox Imaging for $500 million in cash, the Internet company's second high-profile acquisition of an aerospace company this year. Google said that Skybox's satellites will provide images for Google's online mapping service. Google, the world's No.1 Internet search engine, said that Skybox's technology could also eventually be used to provide Internet access and help with disaster relief. The acquisition of the five-year old company comes as Google…