Connect with us

English Edition

John Deere Acquires Bear Flag Robotics for US$250 Million

John Deere acquires Silicon Valley-based Bear Flag Robotics to accelerate automation in the agriculture industry.

Published

on

John Deere acquires Silicon Valley-based Bear Flag Robotics to accelerate automation in the agriculture industry.

California, TechnoBusiness US (English Edition) John Deere, a brand of Deere & Company (NYSE: DE), a manufacturer of agricultural machinery based in Moline, Illinois, United States, acquires Bear Flag Robotics.

Also Read: Shopee Indonesia Launches Shopee Export MSME Campus

Bear Flag Robotics is a Silicon Valley startup that produces autonomous driving technology that is compatible with most agricultural machines.

Advertisement

The acquisition of John Deere, the veteran company founded by John Deere and Charles Deere in 1837, of Bear Flag Robotics for US$250 million will accelerate automation and autonomy in agriculture.

Also Read: Ram Chari Joins WadzPay Worldwide Board Member

The deal is John Deere’s long-term strategy to create agricultural machines that are technologically intelligent and support the needs of individual customers.

“The Bear Flag Robotics team of talented agricultural professionals, engineers, and technologists have the ability to bring advanced technology solutions to market,” said Jahmy Hindman, CTO of John Deere.

John Deere first teamed up with Bear Flag Robotics in 2019 as part of the company’s Startup Collaborator program. As a result, Bear Flag Robotics can develop intelligent technology for agriculture and animal husbandry that is able to operate according to needs automatically and autonomously.

Advertisement

Also Read: Reckitt Benckiser with Avana Adopts Social Commerce

According to the co-founder and CEO of Bear Flag Robotics Igino Cafiero, this is to answer one of the biggest challenges facing farmers today, namely the availability of skilled labor which has an impact on agricultural output.

“Bear Flag Robotics’ mission is to increase global food production and reduce the cost of growing food through machine automation in line with John Deere’s mission,” he said.

Dan Leibfried, Director of Automation and Autonomy at John Deere, reinforces Cafiero’s explanation that John Deere and Bear Flag Robotics complement each other, both in terms of technology and mission.

—Philips C. Rubin, TechnoBusiness US Editor: Purjono Agus Suhendro Photo: John Deere

Advertisement

Press the “bell button” on the left side of your screen to get notifications for the latest TechnoBusiness news faster.

Watch our news in video form on the TechnoBusiness TV channel. Don’t forget to give your attention by “like, comment, share, and subscribe”.

Continue Reading
Advertisement
8 Comments

8 Comments

  1. graliontorile

    05/08/2022 at 6:16 AM

    Hey there I am so excited I found your weblog, I really found you by error, while I was browsing on Google for something else, Anyhow I am here now and would just like to say many thanks for a remarkable post and a all round exciting blog (I also love the theme/design), I don’t have time to browse it all at the minute but I have saved it and also added in your RSS feeds, so when I have time I will be back to read a great deal more, Please do keep up the awesome work.

  2. best cryptocurrency to buy

    13/09/2022 at 6:40 AM

    I have recently started a blog, the information you provide on this website has helped me tremendously. Thanks for all of your time & work. “Yield not to evils, but attack all the more boldly.” by Virgil.

  3. best cryptocurrency to buy now

    14/09/2022 at 12:53 PM

    I like this website its a master peace ! Glad I found this on google .

  4. he has a good point

    14/09/2022 at 8:26 PM

    An impressive share, I just given this onto a colleague who was doing a bit analysis on this. And he actually bought me breakfast as a result of I found it for him.. smile. So let me reword that: Thnx for the deal with! But yeah Thnkx for spending the time to discuss this, I really feel strongly about it and love reading more on this topic. If possible, as you turn out to be experience, would you thoughts updating your blog with more details? It is extremely helpful for me. Massive thumb up for this blog post!

  5. postive income properties australia

    28/09/2022 at 12:37 PM

    Great wordpress blog here.. It’s hard to find quality writing like yours these days. I really appreciate people like you! take care

  6. pix premio

    02/10/2022 at 3:40 AM

    I love your blog.. very nice colors & theme. Did you create this website yourself? Plz reply back as I’m looking to create my own blog and would like to know wheere u got this from. thanks

  7. worthing

    16/10/2022 at 3:13 PM

    I appreciate, cause I found just what I was looking for. You have ended my 4 day long hunt! God Bless you man. Have a nice day. Bye

  8. zmozeroteriloren

    23/11/2022 at 4:29 PM

    Lovely just what I was looking for.Thanks to the author for taking his time on this one.

Leave a Reply

Your email address will not be published. Required fields are marked *