Monsanto buys big data weather company to boost yields and profit

Monsanto buys big data weather company to boost yields and profit

Agriculture giant Monsanto has announced acquisition of the Climate Corporation, a climate data research company, expecting that its info will help farmers maximize crop yields with fewer resources. The $930 million cash purchase is set to give the company an upper hand in the quickly expanding field of scientific weather data, something that would put vast amounts of climate information at farmers’ fingertips.

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