MOLINE, Ill., Sept. 12, 2017 /CNW/ -- Deere & Company
(NYSE: DE) announced today that it has completed its acquisition of
Blue River Technology. Earlier in September, Deere said it signed a
definitive agreement to purchase the Sunnyvale, California company to enhance John
Deere's leadership position in precision agriculture.
Blue River has designed and
integrated computer vision and machine learning technology that
will enable growers to reduce the use of herbicides by spraying
only where weeds are present, optimizing the use of inputs in
farming – a key objective of precision agriculture. Machine
learning technologies could eventually be applied to a wide range
of Deere products.
Deere & Company (www.JohnDeere.com) is a world
leader in providing advanced products and services and is committed
to the success of customers whose work is linked to the land -
those who cultivate, harvest, transform, enrich and build upon the
land to meet the world's dramatically increasing need for food,
fuel, shelter and infrastructure. Since 1837, John Deere has
delivered innovative products of superior quality built on a
tradition of integrity.
Blue River Technology (www.BlueRiverTechnology.com) is a pioneer
in applying machine learning to help farmers optimize every plant
in their fields. By providing equipment that can see and manage
each plant, Blue River helps
farmers reduce inputs, increase profitability and care for the
land.
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SOURCE Deere & Company