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Monsanto Buys Climate Corp. Envisions Big Data Farming

Posted by samzenpus on from the circle-of-business dept.

cagraham writes "Agriculture giant Monsanto has purchased the weather analytics firm Climate Corporation for over $930 Millionl. Climate Corp, a firm founded by ex-Google data scientists and software engineers, specializes in hyper-local weather prediction which they use to recommend risk-management and crop-insurance policies for farmers. Monsanto likely wants to use this technology to boost their big data farming systems, and help better market their genetically engineered crop seeds. This news comes the same day that Monsanto posted increased Q4 losses of $0.47 per share."

2 of 75 comments (clear)

  1. Monsanto rules the US by Valentinial · · Score: 5, Insightful

    I'm fairly certain Monsanto is one of the big corporations that rule the US. Where is that chart I saw once about the major companies that own all the other companies. This has to be on there somewhere.

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    @Valentinial
    1. Re:Monsanto rules the US by Tablizer · · Score: 5, Funny

      In 50 years it will be Borgsanto

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      Table-ized A.I.