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Monsanto bets nearly $1 billion on big data analytics platform

2013-10-02 18:01:32| InfoWorld: Top News

Agribusiness giant Monsanto is paying $930 million to acquire the Climate Corporation, maker of a software platform that crunches weather-related data in order to help farmers more effectively grow crops. "Everyone benefits when farmers are able to produce more with fewer resources," Monsanto CEO Hugh Grant said in a statement released Wednesday.

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