Deere & Company has signed a definitive agreement to acquire Bear Flag Robotics for $250 million.
Founded in 2017, the Silicon Valley-based startup develops autonomous driving technology compatible with existing machines – essentially, it retrofits existing tractors with patented artificial intelligence technology.
Deere says the deal “accelerates the development and delivery of automation and autonomy on the farm” and supports the company’s long-term strategy to create smarter machines with advanced technology to support individual customer needs. [Read more…] about John Deere acquires Bear Flag Robotics for $250 million