Tech Company M&A Transactions
Blue River Technology Acquisition
On 9/6/2017, Blue River Technology was purchased by Deere & Company. Deal value was $305 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/6/2017
Transaction Type
M&A
Amount
$305,000,000
M&A Terms
Deere said it will invest $305 million to fully acquire Blue River Technology. Deere plans to have the 60-person firm remain in Sunnyvale with an objective to continue its rapid growth and innovation with the same entrepreneurial spirit that has led to its success. The transaction is expected to close in September.
Company Information
Company Status
Acquired or Merged
Industry
AgTech
Mailing Address
575 North Pastoria Ave.
Mountain View, CA 94085
USA
Mountain View, CA 94085
USA
Phone
Website
Email Address
Not Recorded
Overview
We use computer vision to identify weeds in organic crop fields and then selectively eliminate them using very hot organic oil. Our product mounts behind a tractor. We are an alternative to chemical fertilizers which organic farmers can't use.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jorge Heraud
Chief Technical Officer
Lee Redden
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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