Blog Post

Microsoft Buys Out Vexcel For Its Digital Mapping/Local Search Efforts

Not a content company buyout, but keep in mind this plugs into MSN’s mapping and local classifieds efforts. Microsoft plans to buy Vexcel, a maker of remote sensors, to help expand its digital mapping efforts. Financial terms of the deal were not disclosed, and the acquisition is pending regulatory approval from both U.S. and Europe.

Vexcel makes a digital aerial camera known as the UltraCam as well as remote sensor and satellite tools, and it will help it with MSFT’s efforts to “deliver a dynamic immersive digital representation of the real world that provides the best local search and mapping experience.”

Rocky Mountain News: Vexcel, a 21-year old company, employs about 70 people at 1690 38th St. and another 60 people at offices in Canada, Austria, the Netherlands and UK.