Agtech company Semios acquires Altrac, a California-based farm automation platform
The acquisition is part of a plan to consolidate crop management solutions to make them more accessible and beneficial to farmers.
Semios, a BC agtech company, announced that it’s acquired California-based Altrac, developers of an agriculture automation platform that enables farmers to monitor and control agricultural systems from their computer or mobile device. The acquisition price was not disclosed.
Why it matters: A proliferation of agritech tools has made it difficult for farm…