Monsanto beefs up with Estonian software group

Monsanto Co. (NYSE:MON) has beefed up its data-science unit with an Estonian company that specialises in software to help farmers track fertilizer and other input use. VitalFields is being bought by Monsanto farm-tech subsidiary The Climate Corporation and marks its first step in o the European market. Terms of the acquisition price weren’t disclosed. Monsanto’s venture capital arm had already put money into the Estonian group at an earlier funding round. A crop seed specialist, Monsanto is currently negotiating to get its US$66bn merger with Bayer passed various regulators. The Vitalfields deal while small gives it a stronger presence in Europe said analysts, an area that has traditionally resisted its genetically modified plants. Share Facebook Twitter Google+ LinkedIn Email Print Download PDF version Philip Whiterow Register here to be notified of future…


Link to Full Article: Monsanto beefs up with Estonian software group

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about homeAI.info and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!