DigitalGlobe completes acquisition of The Radiant Group

digitalglobe-2-112DigitalGlobe, Inc. , based in Westminster, CO, announced on November 16 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.

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

Source: DigitalGlobe