M&A Deal Summary

DigitalGlobe Acquires Timbr.io

On October 25, 2016, DigitalGlobe acquired internet software and services company Timbr.io

Acquisition Highlights
  • This is DigitalGlobe’s 3rd transaction in the Internet Software and Services sector.
  • This is DigitalGlobe’s 7th transaction in the United States.
  • This is DigitalGlobe’s 3rd transaction in Virginia.

M&A Deal Summary

Date 2016-10-25
Target Timbr.io
Sector Internet Software and Services
Buyer(s) DigitalGlobe
Deal Type Add-on Acquisition

Target

Timbr.io

Charlottesville, Virginia, United States
Timbr.io is a provider of algorithms and data to enable multi-source data exploitation, extracting actionable information out of giant corpuses of data.

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Buyer(S) 1

Buyer

DigitalGlobe

Westminster, Colorado, United States

Category Company
Founded 1993
Sector Information Technology
Employees1,189
Revenue 714M USD (2016)
DESCRIPTION
DigitalGlobe's corporate headquarters in Westminster, Colorado.
DigitalGlobe's corporate headquarters in Westminster, Colorado.

DigitalGlobe, Inc. is a provider of commercial high?resolution earth imagery products and services. The imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, Internet portals, and navigation technology. DigitalGlobe, Inc. was established in 1993 and is based in Westminster, Colorado.


DEAL STATS #
Overall 7 of 7
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 6 of 6
State: Virginia M&A 3 of 3
Country: United States M&A 7 of 7
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-11 The Radiant Group

Chantilly, Virginia, United States

The Radiant Group, Inc. is a provider of an advanced technical and analytical solutions focused on enhancing the quality and speed of decision making while reducing risk and ensuring mission success. Radiant solves real-time multi-INT collection and exploitation needs by providing an end to end capability and framework for innovation that moves data through the full life cycle of collection, exploitation and management from sensor to decision maker.

Buy $140M