Transaction: GeoEye

The management and Board of Directors of GeoEye, a leading provider of high resolution satellite imagery and data analytics to the U. S. national security community, as well as other non-U.S. Government and commercial customers, agreed to combine with DigitalGlobe in a stock and cash transaction valued at approximately $1.1 billion.  With the potential to realize more than $1.5 billion in cost and capital-related savings, the combination of the two companies creates a global leader in earth imagery and geospatial analysis, with a  diversified revenue base, a strong financial foundation and significant growth potential.