Announced
Financials
Tags
monitoring
Electronic Components and Equipment
animal monitoring solutions
monitoring services
Acquisition
Private
Belgium
Minority
Single Bidder
Synopsis
Boehringer Ingelheim, research-driven pharmaceutical company has acquired a minority stake in SoundTalks, technology-driven company, improving the health and welfare of livestock animals. Financial terms were not disclosed. SoundTalks has developed a digital monitoring tool that seeks to improve the healthcare of pigs and helps farmers operate more efficiently. Boehringer Ingelheim plans to install the SoundTalksTM system in select pig barns in the US and other major swine markets this spring in a pilot programme. "Our two companies share passion for innovative solutions, technology and animal health. This is just a beginning of a very exciting collaboration,” Dries Berckmans, SoundTalks CEO.
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