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WDKX.com » Blog » Facebook To Acquire Drone Maker
Mar 5th 2014 6:27 am
Facebook To Acquire Drone Maker
by news


Facebook is in talks to acquire a drone manufacturer to help blanket parts of the world without Internet, according to TechCrunch.

The acquisition of Titan Aerospace is valued at $60 million, an unnamed source "with access to information about the deal," said.

Titan Aerospace was founded in 2012 and designs, builds and operates solar atmospheric satellites. The company has research and development facilities in Moriarty, N.M.

Read full story:http://www.usatoday.com/story/tech/2014/03/04/facebook-titan-aerospace-acquisition/6014927/