Google acquires image search company Exterior Paint Visualizer for $1B

Google has acquired Exterior Painting Visualizer (EPV) for $2.5 billion.

The acquisition is expected to close sometime next week, according to a Bloomberg report.

Exterior paint visualization is a company that makes software for visualizing and analyzing images.

EPV was acquired by Google for $5.1 billion last year, the report said.

The acquisition comes after Google acquired Image Search, a photo search service, earlier this year.

EPVs technology allows the search giant to use imagery from thousands of sources, including images from other companies, to make customized searches.

EPVP is a division of Exterior Technologies, which was acquired in 2016 for $15 billion.