Monsanto unit acquires European farm management company VitalFields
Monsanto subsidiary The Climate Corporation announced earlier Monday the acquisition of VitalFields, a European farm management software company based in Estonia. The VitalFields team will join TCC. "VitalFields has built a successful business spanning multiple European countries, and we see how their digital tools will complement our Climate FieldView platform offerings in the future. This acquisition marks Climate's first step into the European market," remarked Climate. VitalFields' tools will continue to be sold in Europe. Climate noted that it plans to "expand the VitalFields user base to help European farmers uncover valuable field insights and use field data to improve productivity." The terms of the agreement were not disclosed.