Tech Company M&A Transactions
Bear Flag Robotics Acquisition
Bear Flag Robotics, based in Newark, was acquired by Deere & Company. Purchase price was estimated to be $250 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/5/2021
Transaction Type
M&A
Amount
$250,000,000
M&A Terms
Company was purchased for $250 million. The Bear Flag team, which includes agriculture professionals, engineers, and technologists, will continue to be based in Silicon Valley and will work closely with Deere to accelerate innovation and autonomy.
Company Information
Company Status
Acquired or Merged
Industry
Robotics
Mailing Address
35325 Fircrest St. G
Newark, CA 94560
USA
Newark, CA 94560
USA
Phone
Undisclosed
Website
Email Address
Overview
Bear Flag Robotics is developing self-driving technology for tractors and implements. Our mission is to lower the cost of farming through automation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Igino Cafiero
Founder
Aubrey Donnellan
Vice President
Ameer Ellaboudy
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