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Microsoft acquires Vexcel Corporation

Redmond, Washington, USA, 4 May 2006 — Microsoft Corporation announced it has acquired Vexcel Corporation, a company dealing in photogrammetry, imagery and Remote Sensing technologies. Financial details of the acquisition were not disclosed. This deal, the second in the past six months for Microsoft’s Virtual Earth business unit, was done to enhance the talent, technologies, products and services dedicated to fulfilling Microsoft’s broad vision for best-of-breed local search and mapping solutions for consumers, businesses and government.

Vexcel’s current assets, including the Ultra-Cam and Remote Sensing technologies, will help produce the richest, most dynamic sets of imagery and data in the world, which will be integrated into Windows Live Local and the Virtual Earth platform offerings.

Founded in 1985, Vexcel is a multinational company with its headquarters in Boulder, Colorado, USA and offices in Austria, Canada, the Netherlands and the United Kingdom. Vexcel employees become Microsoft employees and will be part of Microsoft’s Virtual Earth business unit.