AGCO announced an agreement to acquire Appareo Systems, LLC, a company providing software engineering, hardware development and electronic manufacturing. The acquisition is expected to close in January 2022.
Consolidation is trending in the precision farming industry with several equipment manufacturers, hardware suppliers and data management providers merging or forming business partnerships in recent months.
Raven Industries and SST Software announced that the farm equipment companies would build on their strategic alliance, with Raven buying a minority ownership position in SST.
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In this episode of On The Record, we examine Deere’s Population of 20-Store Dealers On the Rise. In the Technology Corner, we take a look at Carbon Robotics Developing New “Thinning” Function for LaserWeeder. Also in this episode: AGCO & Kubota Sign Right to Repair MOUs, Deere Reports Rising Large Ag Price Realization - Lower Production Costs and Dealers’ Most Pressing Concerns.