DigitalGlobe, Inc. and GeoEye, Inc. announced the completion of their merger at the end of January.
Combining the two companies is said to have created a global leader in earth imagery and geospatial analysis. The combined company will trade on the NYSE stock exchange as DigitalGlobe under the symbol DGI.
Based on the closing price of DigitalGlobe stock on 30 January 2013, the combined company has a market capitalisation of $2.1bn.
"With a stronger financial profile, more robust suite of services, and among the world's most advanced geospatial production and analysis capabilities, we will be even better positioned to meet customers' needs and create value for shareowners," said Jeffrey R. Tarr, president and chief executive officer of DigitalGlobe. "Together, we are poised to achieve our vision of being the leading source of information about our changing planet."
As a result of the combination, DigitalGlobe says it is now uniquely positioned to provide a wider array of earth imagery and geospatial analysis to help customers solve their most complex problems.
Mr Tarr continued, "We have a deep bench of talented and experienced team members from both GeoEye and DigitalGlobe, and I am confident that, together, we will continue to raise the bar for innovation and service in our industry. I look forward to working closely with our Board of Directors, our leadership and all of our team members to ensure a seamless transition for our customers worldwide."
