h digitalfootprint web 728x90

Deere acquires Precision Planting’s equipment business

/wp-content/uploads/2022/11/BR_web_311x311.jpeg

Deere & Co. has signed definitive agreements to acquire the Precision Planting LLC equipment business from The Climate Corp. The agreements represent the industry’s first and only near real-time in-cab wireless connection to John Deere equipment by a third party, Deere said in a release. Under the terms of the agreements, Deere will purchase Precision Planting while Climate will retain the digital agriculture portfolio that has been integrated into the Climate FieldView platform. The acquisition is subject to customary closing conditions, including the approval of the relevant antitrust authorities to the extent required.