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Top News In Trimble Netr Today - Breaking & Trending Today

Trimble, AGCO Do a Deal to Compete With Deere. The Stocks Are Up.

Trimble sells measurement technology, while AGCO makes agricultural equipment. ....

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AGCO Corp to acquire majority stake in Trimble's agribusiness for $2 billion

(Reuters) -AGCO Corp said on Thursday it would acquire an 85% stake in navigation products maker Trimble's agribusiness for $2.0 billion in cash as the tractor and seeding equipment firm seeks to boost its precision-agriculture portfolio. The race among farm-equipment companies to automate agriculture has accelerated, as drought in key grain-producing countries and the war in Ukraine fuels a global food crisis, with U.S. farmers scrambling to boost crop yields. "This deal significantly enhances AGCO's technology stack with disruptive technologies that cover every aspect of the crop cycle," AGCO Chief Executive Eric Hansotia said. ....

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Trimble and AGCO to Form Joint Venture to Better Serve Farmers Worldwide with Mixed Fleet Precision Agriculture Solutions

/PRNewswire/ Trimble (NASDAQ: TRMB) announced today a definitive agreement to form a joint venture (the "JV") with AGCO (NYSE: AGCO) to better serve farmers. ....

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AGCO creates joint venture with Trimble in $2B deal

Touted as the biggest ag technology deal in history, AGCO, a major ag and technology equipment company, announced Thursday a joint venture with Trimble‘s portfolio of agricultural assets and technologies. ....

Damon Audia , Eric Hansotia , Precision Planting , Tag Technology , Autonomous Machinery , Precision Agriculture ,

Trimble says real-time route optimization tool beats static batch planning

Dynamic tracking improves asset utilization, on-time deliveries, and customer service, Colorado firm says ....