The new joint Agco-Trimble venture combines digital technologies from the brands for both retrofit and OEM applications
As of early April there’s a new name on the precision farming landscape: PTx. It includes a joint Agco-Trimble venture that will take over Trimble’s existing agricultural products line as well as Agco’s JCA Technologies business under the newly named PTx Trimble brand. Agco has acquired an 85 per cent share in the joint venture, […] Read moreTag Archives Trimble
Agco buys 85 percent of Trimble in $2 billion deal
Financial arrangement also puts all four components of Agco’s grain and protein business under review
Agco has acquired 85 percent of Trimble Ag assets and technologies at a cash price of $2 billion. The deal was announced as a joint venture Sept. 28. An Agco release said it creates a precision ag platform that enables Trimble to provide a variety of technologies compatible across major brands and equipment models. Andrew […] Read more
