DULUTH, Ga. – AGCO, a global manufacturer and distributor of agricultural machinery and precision farming technology, announced on May 2 that it has acquired JCA Industries, a leader in the development of autonomous software for agricultural machinery, implement controls and electronic systems.
JCA, based in Winnipeg, Manitoba, Canada, specializes in the design of electronic systems and the development of software to automate and control agricultural equipment. JCA’s path planning, sensor fusion and remote control software products are used by original equipment manufacturers today. In addition, JCA serves some of the world’s leading manufacturers of agricultural equipment as a supplier of electronic designs and software for the development of autonomous machines.
“The purchase of JCA is another significant addition to our precision agriculture capabilities,” said Eric Hansotia, AGCO President and CEO. “JCA is one of the most advanced developers of autonomous machine technologies for off-road OEMs, and this acquisition will accelerate AGCO’s delivery of machine automation and autonomous systems that improve farmer productivity.
Cautions Regarding Forward-Looking Information
Statements that are not historical facts, including expectations regarding the closing of the Acquisition and its benefits, are forward-looking and subject to risks that could cause actual results to differ materially from those suggested by the statements. These risks include, but are not limited to, breach of closing conditions, possible failure of technology development and lack of customer acceptance of the technology. Undue reliance should not be placed on these forward-looking statements, which are current as of the date of this release, and AGCO and JCA Industries disclaim any obligation to update any forward-looking statements except as required by law.
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