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John Deere acquires Bear Flag Robotics for $250 million · Endata

◂ Announcements

Automation and Roboticsworld trade 2024+4.2% 5Y CAGR

Aug 5, 2021ACQUISITIONSilicon Valley, California, United States

John Deere acquires Bear Flag Robotics for $250 million

Deere & Company signed a definitive agreement to acquire Bear Flag Robotics, an agriculture technology startup, for $250 million USD. Bear Flag develops autonomous driving technology for farm machines.

Value

$250.0M

Status

Announced

Productsautonomous driving technology for farm machines

CompaniesDeere & Company acquirer Bear Flag Robotics target

Sectors#Automation and Robotics

“Deere & Company has signed a definitive agreement to acquire Bear Flag Robotics for $250 million USD.”newswire.ca

1 source
newswire.caJohn Deere Acquires Bear Flag Robotics to Accelerate Autonomous Technology on the FarmDeere, CompanyAug 5, 2021

Summarized from public sources; check the original articles before acting on it.

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