United States, 14th Jun 2024, King NewsWire - Got Produce Global, the world's dominant food security company, has made moves to acquire Gro Intelligence, the struggling ag-tech data platform, in a strategic move to enhance its climate data analytics capabilities and strengthen its position as a global leader in agricultural technology.
Gro Intelligence, facing financial challenges and workforce reductions in recent months, made the difficult decision to cease operations due to the inability to leverage its data effectively for actionable solutions. Recognizing the immense potential of Gro Intelligence's data assets, Got Produce Global swiftly moved to validate and acquire the remaining resources with the aim of revolutionizing the landscape of food security and agricultural technology.
With patented technology that integrates AI-driven analytics and innovative solutions, Got Produce Global is poised to leverage the acquired data to unlock new opportunities in climate data analysis, predictive modeling, and agricultural insights. This strategic acquisition will not only bolster the company's M&A portfolio but also solidify its position as a frontrunner in providing cutting-edge solutions for global food security challenges.
"By bringing Gro Intelligence under the Got Produce Global umbrella, we are advancing our commitment to driving sustainable agricultural practices, harnessing the power of AI, and delivering real-time analytics to address climate-related risks," stated Deborah Walliser, CEO and Founder of Got Produce Global. "This acquisition reinforces our mission to empower nations with climate safe food production and food data solutions"
The acquisition of Gro Intelligence's data assets could mark a significant milestone safe climate solutions for food production but must first be verified. Ms. Walliser has contacted financial intermediaries to assist in the process. If approved, this strategic acquisition by Got Produce is set to unlock new horizons in ag-tech analytics, cementing its reputation as a trailblazer in the industry.
For more information on Got Produce Global and its innovative solutions in food security, climate data analytics, and ag-tech advancements, please visit www.gotproduceglobal.com
Got Produce Global Brands is a US based public benefit corporation and pioneer in privatized food security and supply chain solutions. The company sells a variety of solutions and services related to sustainable food production and distribution. This includes hydroponic greenhouse technology, crop breeding and development, environmental automation systems, irrigation and fertigation design, crop analysis, market analysis, and more. They also offer produce sales, business plan writing, and training programs for greenhouse operations. Additionally, they focus on seed security and research and development in the agricultural sector.
Media Contact
Organization: Got Produce Global Brands
Contact Person: Deborah Walliser
Website: https://gotproduceglobal.com/
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Country:United States
Release id:13135
The post Got Produce Global Pursues Acquisition of Failing Ag-Tech Data Platform, Gro Intelligence, to Revolutionize Climate Data Analytics and Food Security Solutions appeared first on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
