AGCO, Your Agriculture Company, a distributor and manufacturer of the agricultural machinery and precision ag technology across the world has announced an agreement for purchasing the Appareo Systems, LLC, which is a leader in the electronic manufacturing, software engineering and hardware development and the acquisition has also expected to shut in the month of January 2022.
Appareo Systems, located in the region of Fargo, North Dakota, US is specialized in the development, design, research and production of the tangible technology, which has been utilizing the artificial intelligence, innovative electronics and mechatronics that are designed for delivering the customer value.
Eric Hansotia, CEO, president and chairman of AGCO said, the Appareo Systems has now developed an world-class organization along with the exceptional capabilities for the purpose of solving the complex problems in the areas of emerging technology, and they are also see the Appareo Systems has been a great addition for the purpose of supporting in the delivery of the smart and high quality solutions to their farmers for maximizing both the profitability and user experience.
He also said, the purchase of Appareo System is going to be enhancing their talent and portfolio as they are going to be executing the strategy for the purpose of providing the advanced technology solutions to the farmers of the country across the world. The company AGCO is now intending to retain the team of Appareo along with maintaining the operations in US, France and Paris.
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