Google to buy drone-maker Titan Aerospace

ReutersApril 14, 2014 

Google Inc said it will buy drone-maker Titan Aerospace in an attempt to provide Internet access to more parts of the world, the Wall Street Journal reported on Monday.

Google did not disclose a purchase price for Titan, whose solar-powered drones are intended to fly for years, the paper said.

Facebook Inc. was in talks to buy Titan for $60 million, according to media reports in early March.

Last year Google launched a small network of balloons over the Southern Hemisphere, dubbed as Project Loon, in an experiment it hopes could bring reliable Internet access to the world's most remote regions. 

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