James fee comments on the deal between Google and GeoEye
The only thing this confirms to me is that you can’t make money from selling sattelite imagery on an open market, you need a sugar daddy to pay the bills. I guess that is what is the most telling thing out of this announcement, GeoEye’s and Digital Globe’s business models are broken.
What future is there for the sale (let alone resale) of street level data to the traditional GI market? Are TeleAtlas and Navteq’s business models also broken? I guess they have both found their sugar daddies, watch out as satnav fades off the list of most desirable tech toys.
