Company Press Release
July 23, 2012
July 23, 2012
DigitalGlobe And GeoEye Agree To Combine to Create A Global Leader In Earth Imagery and Geospatial Analysis
DigitalGlobe, Inc. and GeoEye, Inc. announced that the boards of directors of both companies have unanimously approved a definitive merger agreement under which the companies will combine in a stock and cash transaction having approximately $1.1 billion in transaction value and $900 million in enterprise value. The combination of DigitalGlobe and GeoEye will create a global leader in earth imagery and geospatial analysis with a more diversified revenue base, a strong financial foundation and significant growth potential. More