Global Insight and Analysis Company DTN Acquires Purdue Ag Precision Startup

A news release this week from Purdue University stated, “Officials from DTN, a global insight and analysis company, announced Friday (March 30) that the company has closed its acquisition of ag precision technology company Spensa Technologies Inc., in a strategic move to expand its global agricultural business and mobile presence.

“Spensa has built a reputation for its eco-friendly, innovative technologies to manage agronomic pests such as insects, weeds and disease. The company was named one of the top 25 innovative ag-tech startups by Forbes in 2017.

“‘Combining Spensa’s current product offerings with DTN’s Agribusiness and Producer platforms and infrastructure will provide a more comprehensive solution to DTN customers,’ said DTN co-CEO Sheryl von Blucher. ‘Spensa’s agronomic capabilities will further complement DTN’s agriculture industry offerings with differentiated actionable agronomic information and insights. Additionally, the acquisition creates opportunities for DTN to expand the company’s offerings to non-core markets like fruit and tree markets in California.'”

The release added, “Spensa technologies gathers high-resolution data, models that information to reveal insights and clearly presents findings to help agriculturalists make the most informed decisions possible. The company is based in the Purdue Research Park of West Lafayette, Indiana, and has strong research relationships with Purdue University, Indiana’s land-grant university renowned as a hub for agriculture.”

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