BOBCAT ANNOUNCE INVESTMENT

Bobcat has announced a strategic investment in Agtonomy, a Silicon Valley-based, ag tech software company.

The manufacturer says their equity investment is part of a broader strategic partnership with Agtonomy - that Service Dealer reported on earlier this year - to create new ways to enhance Bobcat equipment for increased productivity and performance.   

Scott Park, CEO and vice chairman of Doosan Bobcat, Inc said, "By leveraging the software solutions developed by Agtonomy, we can continue to focus on productivity gains from Bobcat equipment and advance alternative energy and autonomous innovation in farming and related industries. We are always looking to bring the best solutions to our customers. And, given our ongoing partnership, we are excited to pioneer new advances together to empower farmers to accomplish more.”  

Tim Bucher, CEO and co-founder of Agtonomy added, “By joining forces, we can rapidly accelerate our impact on the farming community. With our shared commitment to innovation, we are poised to deliver solutions that address the many challenges facing agriculture today.”