Tuesday, October 11, 2016

DigitalGlobe Acquires The Radiant Group For $140M

Westminster, Colorado-based geospatial imaging provider DigitalGlobe announced this morning that it is acquiring The Radiant Group, a supplier of geospatial solutions to the U.S. intelligence community, in a deal worth $140M in cash. DigitalGlobe acquired Radiant Group from private equity investor Aston Capital. Radiant Group was based in Virginia, and serves the National Reconnaissance Office (NRO), National Geospatial-Intelligence Agency (NGA), Defense Intelligence Agency (DIA) and Special Operations Command (SOCOM).