GeoEye Sets Strategic Investment, Partnership With Spadac

GeoEye has made a strategic investment in Spadac, a provider of geo-intelligence and predictive analysis solutions, GeoEye announced June 13.

Terms of the investment were not disclosed, but the arrangement calls for each party to use the other’s capabilities, and for the companies to collaborate in research and development efforts.

"Partnering with GeoEye gives Spadac the opportunity to collaboratively work with some of the biggest names in geospatial solutions and service Fortune 500 and international clients with end-to-end value propositions,” Mark Dumas, chairman and CEO of Spadac, said in a statement.

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