Monsanto Buys Soil Analysis Firm

Photo courtesy of St. Louis Business Journal
Photo courtesy of St. Louis Business Journal

Monsanto Co.’s acquisition of agriculture tech firm Solum Inc. further expands the St. Louis company’s technology offerings aimed at helping farmers maximize their harvests.

The soil analysis business will operate under Monsanto’s Climate Corp. unit, which it bought in November for $930 million. Monsanto didn’t disclose the financial terms of its deal with Solum, but officials said all employees in the soil testing business were offered jobs.

Read more from the St. Louis Business Journal

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