Monsanto Buying Climate Corp. to Add Data for Farmers

Outlet: Bloomberg

October 2, 2013

Monsanto Co., the world’s largest seed company, agreed to buy The Climate Corp. for about $930 million to provide farmers with weather data and farm modeling to help them boost yields and manage risk. Closely held Climate Corp. was founded in 2006 by software engineers and data scientists who previously worked at Google Inc. and other Silicon Valley technology companies, St. Louis-based Monsanto said Wednesday in a statement.