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  • Friday, April 19, 2024

DigitalGlobe Buys Crowdsourcing Firm Tomnod

Digital GlobeDigitalGlobe (NYSE: DGI) has acquired crowdsourcing technology company Tomnod for an undisclosed amount in a move to add Tomnod’s information capture and validation services to its portfolio.

DigitalGlobe’s analytics teams will gather data from Tomnod’s crowdsourced earth observation imagery information and aim to provide clients insights from that information,  DigitalGlobe said Monday.

Tomnod’s staff will move to DigitalGlobe’s headquarters in Longmont, Colo. following the purchase.

“While the transaction is not material to our financials, it does support our vision of being the indispensable source of information about our changing planet, ” DigitalGlobe said.

The company completed its merger with GeoEye earlier this year in a transaction valued at $792 million in cash and stock.

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