DigitalGlobe Completes Acquisition of The Radiant Group

DigitalGlobe_logoWESTMINSTER, Colo. (DigitalGlobe PR) — DigitalGlobe, Inc. (DGI), the global leader in Earth imagery and information about our changing planet, today announced that it has completed the acquisition of privately held The Radiant Group, Inc. (“Radiant”) from Aston Capital for $140 million in cash.

With the completion of this transaction DigitalGlobe strengthens its position as the leading commercial source of geospatial information and insight with the capability and scale to address the needs of the world’s largest and most sophisticated customers across the entire geospatial intelligence value chain.

Advisers

O’Melveny & Myers LLP served as legal counsel to DigitalGlobe. DLA Piper served as legal counsel to Radiant.

About DigitalGlobe

DigitalGlobe is a leading provider of commercial high-resolution earth observation and advanced geospatial solutions that help decision makers better understand our changing planet in order to save lives, resources and time. Sourced from the world’s leading constellation, our imagery solutions deliver unmatched coverage and capacity to meet our customers’ most demanding mission requirements. Each day customers in defense and intelligence, public safety, civil agencies, map making and analysis, environmental monitoring, oil and gas exploration, infrastructure management, navigation technology, and providers of location-based services depend on DigitalGlobe data, information, technology and expertise to gain actionable insight.

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DigitalGlobe to Acquire Radiant Group for $140 Million

DigitalGlobe_logoWESTMINSTER, Colo., Oct. 11, 2016 (DigitalGlobe PR) — DigitalGlobe, Inc. (NYSE: DGI), the global leader in Earth imagery and information about our changing planet, today announced that it has signed a definitive agreement to acquire privately held The Radiant Group, Inc. (“Radiant”) from Aston Capital for $140 million in cash.

The acquisition of Radiant combines two industry leaders recognized for delivering innovative solutions that help customers harness the power of Earth imagery and other forms of geospatial information. Upon completing the transaction, DigitalGlobe will strengthen its position as the leading commercial source of geospatial information and insight with the capability and scale to address the needs of the world’s largest and most sophisticated customers. The combined DigitalGlobe Services business will support critical national security missions with an expanded portfolio of advanced capabilities that extend across the entire geospatial intelligence value chain.

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