Monsanto Acquires The Climate Corporation

Biotech company Monsanto has bought Climate Corporation for approximately $1.1 billion. Monsanto focuses on providing seeds, biotechnology traits and crop production products for farmers around the world. The acquired company will continue to operate as the Climate Corporation, and Monsanto will leverage its big data expertise to optimize farming globally. Alexia Tsotsis talks to Kerry Preete of Monsanto and David Friedberg of The Climate Corp. about the recent acquisition.

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