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Thursday, March 16, 2006

Microsoft statement about Vexcel

I just received the following statement via email from a Microsoft spokesman:

Microsoft has entered into an agreement with Vexcel Corporation to acquire the company. The agreement requires regulatory approval in the United States and in certain EU countries (Germany and Italy). More details will be available once the deal is closed.

The acquisition is part of Microsoft’s exciting vision to deliver a dynamic, immersive digital representation of the real world that provides the best local search and mapping experience to consumers, businesses and government. Vexcel’s people, products, and services will play a key role in helping Microsoft deliver on this vision.

My previous post provides a few sentences on the relevance of the acquisition to Microsoft's mapping endeavors.

1 Comments:

  • Vexel creates 3D structures and objects from lidar data. Acquisition of that follows the path of the battle of the GeoWeb by the 3 titans; Google, MS and the 900 lb gorilla in the closet, ESRI and ArcExplore (release date put back to fall 2006).

    Google picked up Sketch-Up software the a couple days prior to MS purchasing Vexel. Sketch-up is a 3D modeling package for structures and objects to be placed on VG surfaces.

    We watched these two home town (Boulder Colorado) companies get purchased with mixed feelings. But it is proof that big things are happening with this paradigm shifting technology.

    cheers - 'Cartozen'

    By Anonymous Anonymous, at April 11, 2006 2:30 PM  

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