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Food Industry News

Monsanto buys the Estonian software developer

The company The Climate Corporation, which is a "daughter" of the US producer of transgenic plant seeds Monsanto, bought the Estonian software development (software) for the management of the agricultural VitalFields, according to Monsanto.

The company was founded in VitalFields 2011 year and operates in seven European countries. It develops affordable software for farmers, allowing them to plan the field work, manage, and analyze the results. In addition, it can track seeding and check their compliance with EU standards.

"We want to create a Climate centralized digital platform that will provide farmers working tools that help them to optimize their work", - said General Director of The Climate Corporation Mike Stern.

After The Climate Corporation buys VitalFields, the Estonian company will continue to supply its software to European countries, RNS reports. The amount of the transaction is not called.

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