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Kubota to Acquire AgJunction for $72.8M

[Technology Corner] Kubota to Acquire AgJunction for $72.8M

Kubota Corp. plans to acquire AgJunction, a company that develops guidance, autosteer and autonomy technology, for $72.8 million. AgJunction announced the acquisition on Oct. 8. The company plans to hold a special meeting for shareholders in November to seek approval for the acquisition, and the transition would likely close shortly after approval.
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[Podcast] Pioneering Precision Ag with Reichhardt Electronic Innovations

In this episode of the Precision Farming Dealer podcast, Andreas Reichhardt, founder of Reichhardt Electronic Innovations and Jayme Paquin, general manager of Reichhardt Electronic Innovations, discuss the past and future of precision agriculture, recent trends in the market and their predictions for the biggest opportunities for dealers in the next 24 months.
In this episode of the Precision Farming Dealer podcast, Andreas Reichhardt, founder of Reichhardt Electronic Innovations and Jayme Paquin, general manager of Reichhardt Electronic Innovations, discuss the past and future of precision agriculture, recent trends in the market and their predictions for the biggest opportunities for dealers in the next 24 months.
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SYSTEMS & COMPONENTS 2022 Trade Fair to Showcase Electrohydraulic System Benefits

From Feb. 27 to March 5, 2022, SYSTEMS & COMPONENTS, which takes place alongside the Agritechnica trade fair in Hanover, Germany, will be offering insights into the digitalization, automation and networking of mobile work machines. The innovative power of the off-highway industry is focused on the electrification of drives and hydraulic systems, which form the basis for the advanced assistance systems, reducing the driver's workload.


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Kubota to Acquire AgJunction in All Cash Deal

AgJunction Inc., a global provider of advanced guidance, autosteering, and autonomy solutions for precision agriculture applications, today announced that it has entered into a definitive arrangement agreement to be acquired by Kubota Corporation in an all-cash transaction with a total equity value, on a fully diluted basis, of approximately CAD $91 million (USD $72.8 million).
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Danforth Center Wins $1.5M Grant for AgTech & Applied Location Science & Technology Project

The Donald Danforth Plant Science Center has won a $1.5 million competitive Build to Scale grant from the U.S. Department of Commerce Economic Development Administration (EDA) to support the Center for AgTech and Applied Location Science and Technology (CATALST). The project aims to capitalize on the demand for new precision agriculture technologies by tapping into the St. Louis region’s expertise in agtech and location science to fuel innovation and entrepreneurship and advance commercialization.


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