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Announced

xFarm completed a merger with Farm Technologies.

Synopsis

xFarm completed a merger with Farm Technologies to form xFarm Technologies, a company specialized in developing digital platforms to support the agronomic management of farms. Financial terms were not disclosed. “We have been collaborating with Farm Technologies for four years, and I think that the high level of complementarity between our two companies will allow us to offer services of unique variety and performance in the market. The strength of xFarm’s digital ecosystem combined with the efficiency of Farm Technologies’ algorithms will bring benefits to the entire agri-food sector,” Matteo Vanotti, xFarm Technologies CEO.

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