Ag Growth International (AGI) has reached a deal to acquire all the outstanding shares of Farmobile, Inc., after buying a minority stake in the Kansas-based farm equipment data company in 2019. Financial terms of the deal have not been disclosed. Farmobile provides farms with hardware and software for real-time collection and analysis of farm machinery… Read More
Tag: Farmobile
A U.S. appeals court has upheld an earlier court ruling in favour of Farmobile in the legal battle with Farmers Edge over which precision agriculture company can use certain technology for gathering farm machinery data. On Monday, the 8th Circuit Court of Appeals sided with the founders of Kansas-based Farmobile, affirming a U.S. District Court… Read More
Ag Growth International Inc. is making a minority equity investment of US$15 million in Farmobile, Inc. Farmobile, headquartered in Leawood, Kansas, is an independent agriculture technology company, providing hardware and software services for the real-time collection, organization, analysis, and storage of farm data. The Farmobile device collects and streams real-time, geo-tagged agronomic and machine data… Read More
A U.S. District Court in Nebraska has ruled in favour of Farmers Edge in a counterclaim case launched by Farmobile — the latest development in a legal dispute between the two agtech companies. Back in May, the court dismissed Farmers Edge’s claims in a trade secrets lawsuit against Farmobile related to technology used for gathering… Read More
Manitoba-based Farmers Edge says it believes there are grounds for an appeal after a U.S. court dismissed the company’s claims in a trade secrets-related lawsuit against Kansas-based Farmobile last week. A U.S. District Court judge in Nebraska issued a summary judgment on Thursday in the legal dispute over who owns the right to technology used… Read More