“The acquisition of Blue River marks a key milestone for us as it strategically increases our presence in the US, the largest and fastest growing fund administration and regulatory compliance market in the world, cementing our position as one of the top 4 investor services firms globally,” said IQ-EQ’s, group executive chairman, Serge Krancenblum. "As a leader in precision agriculture, John Deere recognizes the importance of technology to our customers. MOLINE, Illinois (September 6, 2017) — Deere & Company (NYSE: DE) has signed a definitive agreement to acquire Blue River Technology, which is based in Sunnyvale, California and is a leader in applying machine learning to agriculture. As of September, 2018 you can find us at: 605 W California Ave. Sunnyvale, CA 94086 No, Blue River Co-founder and CEO Jorge Heraud has not been deposed — Gaddafi-style — by big, bad corporate overlord John Deere. That’s according to both sides of the buzz-generating, $305 million dollar acquisition the two companies jointly announced last week. Acquiring Organization: John Deere Deere & Company is an American corporation that manufactures agricultural, construction, and forestry machinery. Technology is the future. We provide innovative back-office solutions to asset managers across the full spectrum of structures, strategies and asset classes. "Blue River is advancing precision agriculture by moving farm management decisions from the field level to the plant level," said Jorge Heraud, co-founder and CEO of Blue River Technology. Congratulations to Blue River Technology co-founders Jorge Heraud and Lee Redden, CEO and CTO, and their deeply talented and dedicated team on their $305 million acquisition by Deere & Company (NYSE:DE), the leading manufacturer of agricultural equipment. We believe this diverse mix of talent is critical to building a product that customers genuinely want and use. Already in 2017, Blue River Technology has been listed among Inc. Magazine's 25 Most Disruptive Companies, Fast Company's Most Innovative Companies, CB Insights 100 Most Promising Artificial Intelligence Companies in the World, and the Top 50 Agricultural Innovations by the American Society of Agricultural and Biological Engineers. EXPANDING INTO THE FUTURE Continuing to develop exciting new technologies They brought deep understanding of ag and real farmer needs that helped them previously lead for Monsanto the acquisition — and subsequent huge growth — of Climate Corp, which helped Blue River deliver the right value proposition at the right cost to the right farmers. Blue River Technology is building the next generation of smart agriculture equipment. We look forward to seeing Blue River’s autonomous weeding and thinning technologies deployed in the millions of acres serviced by John Deere machines. Raytheon Technologies [RTX] on Monday completed its acquisition of small satellite manufacturer Blue Canyon Technologies (BCT), giving it a play in the growing market for small satellites. Since the acquisition in 2017, Blue River has more than just grown exponentially — they’ve gained access to world-class experience in equipment manufacturing. The acquisition will allow BCT to grow its product line The transaction is expected to close in September. The acquisition, listed at $305 million, shines a light on the growth the agtech field has recently seen. BCT now reports into Raytheon Intelligence and Space, a business of Raytheon Technologies. 2021 Earlier in September, Deere said Blue Canyon Technologies, Inc., a Colorado-based company founded in 2008 to bring innovative, reliable and affordable solutions to space missions, is … By providing equipment that can see and manage each plant, Blue River helps farmers reduce inputs, increase profitability and care for the land. Blue River Technology has been acquired by John Deere* for $305 million. For further information, the news media should call: Ken Golden Director, Global Public Relations Deere & Company 309-765-5678. However, global agricultural practices are severely straining the Earth’s resources — innovation is absolutely needed to ensure we can sustainably feed ourselves and our children for generations to come. Deere said it will invest $305 million to fully acquire Blue River Technology. Introducing See & Spray: Precisely spraying herbicides only where needed. Information on acquisition, funding, cap tables, investors, and executives for Blue River Technology. As an innovation leader, Blue River Technology has successfully applied machine learning to agricultural spraying equipment and Deere is confident that similar technology can be used in the future on a wider range of products, May said. With lettuce, Blue River’s robots determine how to best allocate resources to grow lettuce and autonomously thins the crop to maximize yield. Machine learning is an important capability for Deere's future.". We applaud Deere & Company in their vision and understanding of the role that Artificial Intelligence will play in agriculture, and we congratulate them on their investment (Deere & Co press release here). Blue River Technology Inc. develops agriculture technology. While remaining an independently-run subsidiary with entrepreneurial spirit, the partnership gives Blue River access and support from one of the world's leaders in precision agriculture. MOLINE, Illinois (September 6, 2017) — Deere & Company (NYSE: DE) has signed a definitive agreement to acquire Blue River Technology, which is based in Sunnyvale, California and is a leader in applying machine learning to agriculture. Forward-looking statements in this release include, among other things, statements about Deere and Blue River Technology's plans, objectives, expectations, business, and intentions; the anticipated timing of closing of the Acquisition; the potential benefits of the proposed Acquisition; and the anticipated operating synergies. See Blue River Technology's revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. John Deere's is acquiring Blue River Technology for its machine learning-powered crop sprayers. “We welcome the opportunity to work with a Blue River Technology team that is highly skilled and intensely dedicated to rapidly advancing the implementation of machine learning in agriculture,” said John May, President, Agricultural Solutions, … Future Competition: Blue River Technology's Fastest Growing Competitors These companies are in the same general field as Blue River Technology and are rapidly expanding. For one thing, he says the ongoing labor shortage means there are not enough people to do this kind of work. John Deere acquires Blue River Technology for $305 million, bringing full stack AI to agriculture By Data Collective 09.06.17. Just this summer the company released its “See & Spray” weed control machine. MOLINE -- Deere & Company announced Tuesday that it has completed its acquisition of Blue River Technology. John Deere is purchasing Blue River Technology, a Californian startup that makes machine learning tools for agriculture. Hundreds of millions of gallons of agricultural chemicals end up in our water supply, while weeds are developing resistance to crop-friendly doses of herbicides. /CNW/ -- Deere & Company (NYSE: DE) announced today that it has completed its acquisition of Blue River Technology. John and Kiersten also brought, from themselves, and from an incredibly broad network of relationships, the deep understanding of plant genetics and molecular biology that informed and help make Blue River’s plant-by-plant AI systems successful. Blue River has created and fielded real-time autonomous agricultural robots. Today, Blue River’s lettuce robots touch 10% of lettuce grown in the US. Blue River trained deep learning algorithms on hundreds of thousands of images of different weeds and of beneficial crops, teaching their robotics platform to determine what kind of plant it was “seeing” and which crop features would maximize lettuce head growth and yield. All Rights Reserved. Blue River Technologies is located in East Central Indiana, specializing in servicing small to medium size municipal and industrial waste treatment plants, agricultural dewatering, private and municipal lagoon cleanout and dewatering. To that end, they are always on the look-out for the best technology for the best crop yield at the least economic and environmental impact for the farmer. Blue River has developed a farm robotics technology using computer vision that can see, diagnose, and execute actions such as deciding to spray a weed with herbicide – avoiding the crop – or to thin the crop. Blue River Technology, which uses robotics and computer vision to optimize agriculture by, for instance, determining which lettuces to thin out of a row and which to keep, has closed a $10 million Se Our senior-level team has experience covering industries including Energy, Communications, Healthcare, Information Technology, Software, Automotive, Steel, Food & Beverage, Chemical, Education, Building Products, Natural Resources, Aerospace & Defense, Engineering Services and many other manufacturing, distribution and service … We can provide you with economical solutions for dewatering and flocculation equipment and supplies. Experience the Blue River difference and start looking upstream again. Blue River Technology (www.BlueRiverTechnology.com) is a pioneer in applying machine learning to help farmers optimize every plant in their fields. So Tanimura & Antle is trying out automated lettuce thinning machines in some of its fields. May said the investment in Blue River Technology is similar to Deere's acquisition of NavCom Technology in 1999 that established Deere as a leader in the use of GPS technology for agriculture and accelerated machine connectivity and optimization. Blue River’s clients come from many industries and sectors. BOULDER, Colo. (Blue Canyon Technologies PR) — Leading small satellite manufacturer and mission services provider Blue Canyon Technologies (“BCT” or “Blue Canyon”) announced today the completion of its acquisition by Raytheon Technologies (NYSE: RTX), an aerospace and defense company that provides advanced systems and services for commercial, military and government … Join Blue River in bringing agriculture to the digital era See below to find our open positions and to learn what it's like to work with us We are excited to transform global agriculture through cutting-edge technology, and are looking for ambitious and innovative people to join our team in the journey Deere said it will invest $305 million to fully acquire Blue River Technology. BOULDER -- Small satellite manufacturer and mission services provider Blue Canyon Technologies announced the completion of its acquisition by Raytheon Technologies (NYSE: RTX), an aerospace and defense … Their robots actually sense, decide, act, and learn — millisecond by millisecond. One application of Blue River’s technology uses a machine, dragged behind a tractor, whose cameras can instantly identify weeds among a crop. LAFAYETTE — Global aerospace and defense company Raytheon Technologies Corp. (NYSE: RTX) has completed its acquisition of Lafayette-based Blue Canyon Technologies LLC, a small-satellite manufacturer.The deal, first announced in November, brings Blue Canyon under Raytheon Intelligence & Space, a business unit of Arlington, Virginia-based Raytheon.“Raytheon Intelligence & … Their “see and spray” robotics platform uses computer vision to recognize plants, and sprays herbicide on weeds and fertilizer on crops with similar precision to inkjet printers. 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