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Semios buys Altrac to expand farming automation
- June 28, 2021
- William Payne
Precision farming platform Semios has acquired Altrac, a developer of an equipment automation platform for farm equipment.
In a statement, Semios, whose platform focuses on growers of tree fruit, nuts, and vines, described its acquisition of Altrac as a first step in its strategy to consolidate crop management solutions into one, easy-to-use platform. The company aims to bring independent applications into one dashboard with a single login to make them more accessible and beneficial to farmers.
“Semios’ success is founded in helping farmers manage their risk and optimise yields through data, AI-driven insights and technology,” said Dr. Michael Gilbert, CEO of Semios. “Partnerships are a fundamental part of our strategy and last year we partnered with Altrac to combine the power of our per-acre, in-canopy climate sensors with Altrac’s industry-leading frost fan automation devices to manage the potentially devastating impacts of frost on crops. Our customers were really excited about the results, which motivated us to make this investment in Altrac. We look forward to unlocking more opportunities together.”
“Semios has been a fantastic partner, and we are excited to further our collaboration to allow Altrac to accelerate the geographic reach and adoption of our wind machine and irrigation control solutions across North America,” said Neil Schultz, General Manager and co-founder of Altrac. “We know there are additional problems facing farmers that have yet to be solved, and we look forward to tackling them together as a combined solution.”
“Every phase of crop development is interconnected. Critical crop management decisions need the right data, at the right time, in order to achieve the right outcomes. Semios helps growers get the most accurate overview of their crop’s development as it happens, leading to informed decision making and ultimately better crop outcomes,” said Gilbert.