# Deere acquires precision farming startup Blue River Technology for $305M

Deere and Company agreed to acquire Blue River Technology, a Sunnyvale-based ag-tech startup developing machine learning for precision farming, for $305 million. The acquisition is expected to close next month.

- Type: Acquisition
- Announced: 2017-09-06
- Where: Sunnyvale, California, United States
- Value: $305.0M
- Status: announced
- Products: precision farming technology, See & Spray equipment
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Deere & Company](https://endata.com/companies/21933.md) (acquirer)
- [Blue River Technology](https://endata.com/companies/26782.md) (target)

## Sources

- [techcrunch.com](https://techcrunch.com/2017/09/06/after-scraping-monsanto-deal-deere-agrees-to-buy-precision-farming-startup-blue-river-for-305m/), 2017-09-07: "Five months after abandoning its proposed purchase of Monsanto’s precision planting subsidiary due to anti-trust concerns, agricultural equipment giant Deere and Company announced that it will spend $305 million to acquire ag-tech startup Blue River Technology."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.