We believe DuPont’s agronomy expertise, deep customer relationships and market reach will accelerate Granular’s business growth and help us deliver more value to growers around the world.
WILMINGTON, Del. (PRWEB)
August 09, 2017
DuPont announced that it has signed a definitive agreement to acquire San Francisco-based Granular, Inc., a leading provider of software and analytics tools that help farms improve efficiency, profitability and sustainability. Granular also operates AcreValue.com, the leading digital marketplace for farmland real estate. Sid Gorham, Granular’s co-founder and CEO, will continue to lead Granular and will lead Digital Agriculture for DuPont, which includes responsibility for Encirca® services, DuPont’s agronomic software business.
“This acquisition is an important component of our commitment to leading and shaping the agtech market,” said DuPont Executive Vice President James C. Collins, with responsibility for DuPont’s Agriculture segment. “We believe DuPont’s agronomy expertise, deep customer relationships and market reach will accelerate Granular’s business growth and help us deliver more value to growers around the world.”
With its focus on developing innovative solutions to help growers build strong, sustainable businesses, DuPont is creating a digital agriculture ecosystem to support information sharing, services and commerce. This acquisition will enable the business to connect growers, analytics and public and private data to advance our vision for a digitally connected, more sustainable agriculture industry.
“We started Granular to make a big impact on the business of farming,” said Gorham. “I am confident that as part of DuPont we will make a bigger impact even faster. DuPont shares our vision for using technology to help farms improve their dollar yield, not just their bushel yield. We are excited to pursue that vision together.”
Granular was founded in 2014 with the mission of helping farmers operate more efficient and profitable businesses. The company serves many of the farms in the industry across the United States, Canada and Australia. Granular’s leading position has enabled it to generate tremendous value for growers farming nearly 2 million acres of commodity and specialty…