Page 2 - Prospera Technologies News Today

Press release content from Business Wire. The AP news staff was not involved in its creation. Valmont Reports Second Quarter 2021 Results and Increases 2021 Full-Year Guidance July 21, 2021 GMT OMAHA, Neb.--(BUSINESS WIRE)--Jul 21, 2021-- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today reported financial results for the second quarter ended June 26, 202...

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Aug 31, 2021 to Sep 02, 2021 Valmont Industries has entered into a definitive agreement to acquire Prospera Technologies Inc. The transaction, valued at approximately $300 million, is expected to close in the second quarter of 2021. Valmont is a global provider of engineered products and services for infrastructure and irrigation equipment. Prospera is a privately held Israeli-based artificial intelligence company, focused on machine learning and computer vision in agriculture. Building on ac...

Prosperas technology helps keep tabs on crops (Courtesy) Valmont Industries, Inc., a US maker of irrigation and infrastructure equipment, said Wednesday it has entered an accord to buy Israel’s Prospera Technologies, a maker of artificial intelligence-based sensors and cameras for monitoring crops, for $300 million. The acquisition is the culmination of a two-year strategic partnership set up between the companies in 2019. The merging of the firms will create the “largest global, vertically...

Valmont buys Israeli ag-tech AI co Prospera for $300m The Tel Aviv-based company develops intelligent solutions to help farmers grow crops more efficiently. US agricultural services and irrigation equipment company Valmont Industries Inc. (NYSE: VMI) today announced it has entered into a definitive agreement to acquire Israeli based ag-tech AI company Prospera Technologies for $300 million. The deal is expected to close in the second quarter of 2021. Prospera was founded in 2014 by CEO Daniel K...

10 Israeli startups on CB Insights’ AI 100 list for 2021 This year’s cohort represents 12 countries and is driving innovation across 18 industries including healthcare, climate risk and virus modeling. Dotan Asselmann (CTO) and Tamir Wolf (CEO), cofounders of surgical intelligence platform Theator. Photo courtesy of Theator The New York-based technology insights platform’s research team picked these 100 private market vendors from a pool of over 6,000 applicants and nominees. Representing...

Hugo Hagen, the managing director & country division head of Bayer, Israel. (Courtesy: Danit Nitzan/Bayer) If the coronavirus pandemic has proved something to global pharmaceutical giants, it is that they need to tap into the power of younger, nimbler startups and the latest technologies to be able to stay at the top of their game and ahead of competition. Of the three coronavirus vaccines being widely distributed in the West, one was the result of a partnership between a blue chip pharma firm ...