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John Deere acquires Blue River Technology for about $305M
Deere signed a deal on September 6, 2017 to buy Sunnyvale-based Blue River Technology for $305 million. Blue River used computer vision and machine learning to spray herbicide only on individual weeds, the basis of Deere's later See & Spray products.
- Purchase price: $305 million; Blue River founded in Sunnyvale.
- Technology uses computer vision and machine learning for plant-level herbicide targeting.
- Foundation for Deere's See & Spray product line.