Written by Paul Schrimpf
Netherlands-based Proagrica has signed an agreement to acquire 100% of SST Software, including Raven’s ownership stake. Proagrica is a dominant player in Australia and the UK, and has a significant footprint in Europe and South Africa.Netherlands-based Proagrica has signed an agreement to acquire 100% of SST Software, including Raven’s 25% ownership stake. Proagrica is a dominant player in Australia and the UK, and has a significant footprint in Europe and South Africa.
SST Software CEO Matt Waits indicated that the company will continue to operate independently.
Graeme McCracken, Managing Director at Proagrica, cited three priniciple reasons for the acquisition: solid software solutions already in the market, a vast amount of field data already in place, and the AgX platform, which he called a powerful and unique system.
In its key markets, Proagrica has emphasized creating data compatibility across myriad platforms and systems, something it hopes to help bolster here in the US.
This is an emerging story … more to come.
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