Kubota Corp. plans to acquire AgJunction, a company that develops guidance, autosteer and autonomy technology, for $72.8 million.
AgJunction announced the acquisition Oct. 8. Under the terms of the agreement, Kubota will acquire AgJunction in an all-cash transaction of approximately CAD $91 million ($72.8 million USD). Kubota is paying 75 cents CAD (60 cents USD) per share, which is about a 60% premium on the closing price of AgJunction shares on the Toronto Stock Exchange…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
![[Technology Corner] What are the Top 5 Applications in Autonomy Right Now?](https://www.agequipmentintelligence.com/ext/resources/2024/11/08/What-are-the-Top-5-Applications-in-Autonomy-Right-Now-.png?height=290&t=1731094940&width=400)
There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.
