AgJunction Inc., a global provider of advanced guidance, autosteering, and autonomy solutions for precision agriculture applications, today announced that it has entered into a definitive arrangement agreement to be acquired by Kubota Corporation in an all-cash transaction with a total equity value, on a fully diluted basis, of approximately CAD $91 million (USD $72.8 million).

Bear Flag’s technology complements Deere’s own technology initiatives and goals to help farmers achieve the best possible outcomes and solve meaningful challenges through advanced technology, including autonomy.

Precision irrigation and storage technology plays a big part in the economic sustainability of Dee River Ranch near Aliceville in western Alabama.