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Skybox Imaging will be a Big Asset for Google

Google Inc. just bought Skybox, the real time high resolution satellite imagery provider, for $500 million in cash but this company could worth way more than what Google paid.

Skybox will be able to take full image of the Earth twice a day by 2016 and will have 24 satellites launch by 2018 so this will make Google Maps more accurate and up to date.

Skybox is so intelligence as it can determine how much oil has been pumped out of the ground, can estimate price of grain in advance from the yard of cropland on Earth.

Google thinks that Skybox could help it bring internet access to remote areas and help with disaster relief which that will help people safety but in the same time people are scared of losing their privacy.

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