Venture-backed Farmers Edge acquires GranDuke Geomatics
Farmers Edge Inc has bought GranDuke Geomatics Ltd, a geospatial solutions and software development company based in Lethbridge, Alberta. The deal's financial terms were not published. Farmers Edge, which has its headquarters in Winnipeg, is a provider of precision agriculture and independent data management solutions. It said the acquisition will in part provide agricultural technology intellectual property to be incorporated in its decision support tools. Farmers Edge is a portfolio company of Canadian venture capital firm Avrio Capital and U.S. firm Kleiner Perkins Caufield & Byers. Last November, Kleiner Perkins made an undisclosed investment in the business.
25 February 2015•3 mins read
