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DTN acquires Purdue start-up that develops technologies to help farmers manage their crops


By Jesse Schwartz
Published: April 4th, 2018

DTN, a provider information tools for the environment and agriculture industries, has acquired a Purdue University start-up that develops products to give farmers insights about their operations.

Founded in 2009, Spensa Technologies creates sensors, software and other products that produce data to help farmers manage agronomic afflictions like insects, weeds and disease. These products reduce farmers’ reliance on manual labor, support eco-friendly agriculture, and enhance crop production efficiency.

“Combining Spensa’s current product offerings with DTN’s Agribusiness and Producer platforms and infrastructure will provide a more comprehensive solution to DTN customers,” says Sheryl von Blucher, co-CEO of DTN.

“Spensa’s agronomic capabilities will further complement DTN’s agriculture industry offerings with differentiated actionable agronomic information and insights,” says von Blucher. “Additionally, the acquisition creates opportunities for DTN to expand the company’s offerings to non-core markets like fruit and tree markets in California.”

The financial terms of the acquisition have not been disclosed.

Source: TechStartups

Posted under: Tech Transfer e-News

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