BASF has announced that they have acquired ZedX Inc., a digital agriculture developer. ZedX focuses on developing agronomic weather and crop and pest models. BASF plans to uses these resources to help growers take advantage of the power of big data.
“Growers are embracing cutting-edge technology and tools that can help them increase crop yields,” said Scott Kay, Vice President, Crop Protection, BASF North America. “ZedX’s innovative platforms and strong intelligence capabilities will not only enhance our current digital services, but will also provide growers with critical data to successfully manage their operations.”
The acquisition is expected to be completed within four weeks. Products and solutions from ZedX will soon be available to all key markets. Financial details of the deal were not disclosed.